- Africa Energy: Zimbabwe Mnangagwa's Cabinet meeting disrupted by power cuts
- Africa Mining: "Increased urgency to improve SA mine health, safety" – Mineral Resources Minister
- Africa Energy: AfDB to provide €229m for Rwanda electricity programme
- Mozambique Mining: Indian Sol Mineração to start coal exploration by 2019
- Global Markets: Oil Traders Said to Mull Nigerian Proposal to Prolong Fuels Swap
Battery Minerals, which is developing the Montepuez and Balama graphite projects in Mozambique, on Tuesday, announced that it had agreed to study the potential of developing a product marketing strategy with China’s Qingdao Guangxing Electronic Materials (GEM).
In terms of a memorandum of understanding (MoU), the companies would cooperate on developing and executing a product marketing strategy in which Battery Minerals would supply GEM with graphite flake concentrate from the Montepuez project.
“GEM is enhancing its existing spheronisation and expandable graphite capability, and both parties will work together to market the products to sell to the international market. Ongoing market development will include optimising the development of spherical graphite for use as anode material in lithium-ion batteries as part of an international marketing strategy,” Battery Mineralschairperson David Flanagan said in a statement.
Battery Minerals intends to commission its Montepuez project in December 2018, producing 45 000 t/y to 50 000 t/y of graphite flake concentrate. The company is aiming to step up production to more than 100 000 t/y by 2022.
Balama Central is Battery Minerals’ second graphite project, where a definitive feasibility study is currently underway and scheduled for completion in mid-2018. (source: Miningweekly.com)