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: Mustang reports maiden resource at Caula vanadium/graphite project

Mustang Resources has reported a maiden Joint Ore Reserves Committee-compliant resource of 22-million tonnes, at 0.37% vanadium pentoxide, at its Caula vanadium/graphite project, in Mozambique.

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Mozambique Mining Industry: Syrah’s balancing act

Most of the talk about market darling Syrah Resources Ltd has been in reference to the company’s promising Balama graphite project in Mozambique. However, the project also contains vanadium, (lots of vanadium in fact!), and it appears to provide the opportunity for a significant, additional revenue stream. Not to mention another handy pitch for those marketing Syrah.

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