Green Car Congress
SEPTEMBER 12, 2023
The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.
Teslarati
FEBRUARY 19, 2024
The deal with NMG will further solidify Panasonic’s goal to strengthen its EV battery supply chain in North America. Panasonic Energy’s graphite supply deal with NMG starts with an investment of USD$25 million. The deal between Panasonic and Novonix was also for a supply of graphite for electric vehicle (EV) battery production.
Teslarati
JANUARY 17, 2022
Among these is reportedly one of the world’s largest graphite mines in Balama, Mozambique, which is operated by Australia’s Syrah Resources. . As per a report from The Associated Press , Syrah’s Louisiana plant sources its graphite from the company’s Balama, Mozambique mine.
Green Car Congress
NOVEMBER 15, 2022
As bp aims for an LNG portfolio of 30 million tonnes by 2030, the new Mozambique supply source expands bp’s flexible, high-quality LNG portfolio and further enhances the company’s capability to deliver LNG to markets globally. a joint venture owned by Eni, ExxonMobil and CNPC), GALP, KOGAS and ENH (Mozambique state entity).
Green Car Congress
OCTOBER 20, 2011
Eni announced a giant natural gas discovery at the Mamba South 1 prospect, in the Area 4 Offshore Mozambique. The volume of natural gas discovered will lead to a large-scale gas development with a combination of both export to regional and international markets through LNG and supply to the domestic market.
Green Car Congress
OCTOBER 30, 2021
Roskill reports that prices for Chinese graphite continue to rise as producers contend with increasing electricity costs and supply disruption caused by limits on energy consumption. This week, Syrah Resources reported that its Q3 production had been constrained by disruption in the global container shipping market.
Green Car Congress
JUNE 5, 2022
The market for Li-ion batteries for automobile applications is expected to grow about 30% annually on average. Meanwhile, the movement to manufacture batteries locally for automobile applications in North America and Europe is becoming active with auto makers and battery cell makers implementing supply chain strategies.
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