Mozambique Mining: Syrah Resources issues shares to finance graphite project in Mozambique

Mozambique Mining: Syrah Resources issues shares to finance graphite project in Mozambique

Cabo Delgado based graphite company Syrah Resources will issue shares worth 94 million Australian dollars (US$68 million) to develop a graphite deposit exploration project in Mozambique’s Cabo Delgado province, the company said in a market filing on Tuesday.

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Mozambique Mining: Syrah Resources to build battery components factory

  Syrah Resources has signed an agreement to buy an industrial site in Vidalia, Louisiana, in the United States, where it will build a factory for production of battery components, the company said in a statement released on Wednesday.

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Mozambique Mining: Syrah Resources targets EV battery market with Balama graphite mine

The Balama project will cut into China’s dominance in the sector. Australian-listed Syrah Resources is targeting the market for electric vehicle batteries with its Balama graphite mine in Mozambique, which started production in November.

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Mozambique Mining: World largest graphite mine is expected to boost country industrial development

A graphite mine operated by Australian company Syrah Resources is part of the strategic vision of the Mozambican government focused on the country’s industrialization, President Filipe Nyusi said on Thursday in Balama, Cabo Delgado province.

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