Twigg Exploration and Mining, a subsidiary of Syrah Resources, has signed an agreement with the Mozambican government to operate graphite deposits in Balama, northern Cabo Delgado province, the company said in a statement on Tuesday. Advertisements
“The development of Balama positions Syrah to become a leading supplier of graphite to industrial and high growth, emerging technology markets. We are positioned to deliver on our advantage as one of the early movers in the sector,” said the company.
Read MoreAustralian graphite miner Syrah Resources has signed a series of agreements over recent weeks to supply graphite from its mine in Cabo Delgado, northern Mozambique, to the Chinese electric vehicle market and to US steel producers – in addition to agreements it made in 2014 to supply aluminium and other metal producers around the world.
Read MoreThe Balama graphite project, in Mozambique, remains on track to produce its first product in the first quarter of 2017. ASX-listed Syrah Resources on Monday reported that detailed engineering design work was progressing as planned and that long-lead capital equipment items had been identified and would be ordered in the coming months.
Read MoreMining company Metals of Africa has completed the process of buying a grant of 9,000 hectares owned by Dombeya Mineração Lda. in northern Mozambique, the Australian company said Thursday. The negotiation process for buying the license (No. 4118), for the Central Balama project was announced in the middle of last year, with Metals of Africa deciding to go ahead with the purchase after assessing the results of several studies, including a geological survey (“Versatile Time…
Read MoreIt was only two weeks ago that Triton Minerals announced that, even at its initial stage, reverse circulation drilling at the Company’s Nicanda Hill prospect, part of the Balama North graphite project intercepted 220 meters of continuous graphite mineralization in a single bore hole.
Read MoreAustralian company Syrah Resources has agreed with UK company Asmet to supply it with 100,000 to 150,000 tons of graphite each year quarried at the Balama concession in Mozambique’s northern province of Cabo Delgado, according to a recent statement.
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