Mozambique Mining: Battery Minerals to help deliver ‘revolution in electric vehicles’ with Balama project

Mozambique Mining: Battery Minerals to help deliver ‘revolution in electric vehicles’ with Balama project

Battery Minerals’ second graphite operation, Balama Central in Mozambique, will cost just $US69.4 million ($96 million) to develop and boast a mine life of 27 years, a feasibility study has shown.

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Battery Minerals secures funds for graphite project in Montepuez

Battery Minerals secures funds for graphite project in Montepuez

Australian company Battery Minerals has announced there are seven groups interested in providing the funds needed to reach the US$51.2 million needed for its Mozambican graphite exploration project, the Australian press reported.

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Mozambique Mining: “Funding hole doesn’t faze Battery Minerals” – MD

Mozambique Mining: “Funding hole doesn’t faze Battery Minerals” – MD

Battery Minerals has plenty of other options after a key investor pulled out of a planned $US30 million ($40.5 million) investment needed to bring its first graphite mine into production, managing director David Flanagan says.

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