Browsing: graphite
Chinese finance plays growing role in Triton’s graphite mine plans
A state-owned Chinese company is to take a 34% stake in graphite producer Triton Minerals for A$19.5 million (US$13.6m), which Triton says will allow it to complete the financing of its graphite mine project in Cabo Delgado province, which looks set to [...]
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Strong vanadium demand draws Chinese investment for Mozambique mining project
New Energy Minerals (NEM) expects Chinese demand for reinforced steel to underpin its vanadium mining project at Cuala in Cabo Delgado, and has secured a $3.6 million investment from a Hong Kong investment group to push the development [...]
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Riversdale millionaire still trading Mozambique mines through tax havens
An Australian who made millions selling Mozambican coal mining prospects to Riversdale and then Rio Tinto, is selling a ruby mine concession in Cabo Delgado for $2 million - and is linked to an Australian listed company developing a graphite mine in the [...]
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Syrah Resources slashes graphite production forecast after fire
Syrah Resources, the Australian-listed graphite miner, has halved its production estimate for the quarter following a fire at its Balama mine and processing plant, the company announced yesterday.
The fire, which [...]
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Mozambique graphite leader grapples with higher costs and lower production
Graphite producer Syrah Resources is producing less graphite and incurring higher costs than it had forecast - leading the company’s new chief operating officer (COO) to review of operations at the mine in Cabo Delgado, northern Mozambique.
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Mozambique graphite project signs new China offtake deal
Australia-based Triton Minerals on Wednesday announced that the company has signed a second binding offtake agreement for its Ancuabe graphite production with a Chinese buyer, meaning 50% of its planned production is now spoken for.
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Zitamar Daily Briefing, 20 April 2018
Welcome to Zitamar’s daily Mozambique briefing for 20 April, 2018.
Agenda
- Today: Mozambique and China sign an MoU on agricultural cooperation
- Today: Seminar on Mozambique’s labour law, by the labour ministry, aimed at South African-owned [...]
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Mozambique President inaugurates Syrah graphite mine
The mine and processing facility will be the world’s first to export graphite to China, CEO tells Zitamar
Mozambican president Filipe Nyusi today inaugurated Syrah Resources’ graphite mine and processing [...]
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