POSCO mulls buying stakes in graphite mines ... - Mozambique

POSCO, the world’s fifth-largest steelmaker by output, is considering buying stakes in graphite mines in Australia and Mozambique, a person familiar with the matter said Thursday. The move is part of POSCO’s efforts to diversify import sources of graphite, a material required in making anodes, he said.

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  • President Filipe Nyusi opens Mozambique’s first graphite mine

     · GK Ancuabe is the first company to start and processing in . The company is a subsidiary of the German company AMG Graphit Kropfmuehl, an operating division of AMG and an affiliate of Alterna Capital Partners. GK Ancuabe ’s representative Geert Klok says that the company invested EUR ...

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  • Mozambique: Syrah suspends graphite mining in the north

     · Syrah suspends in the north due to Covid-19. By. LUSA. Australian company Syrah will temporarily suspend operations at the Balama in northern from Saturday due to the Covid-19 pandemic, the company announced on Friday.

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  • Ancuabe Graphite Project - Triton Minerals Ltd

    Project. The Ancuabe Project is in the proven region of Cabo Delgado in north eastern Compared to all other ASX listed projects in East Africa, the Ancuabe project is located closest to existing infrastructure and an operating container port. Ancuabe is located adjacent to the producing AMG Graphit Kropfmuhl GK and nearby villages that provide …

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  • GK Ancuabe Graphite Mine starts extracting and processing ...

    AMG Graphit Kropfmuehl GmbH acquired the rights to explore the Ancuabe following an international public tender launched in 2012. The assets of AMG Graphit Kropfmuehl GmbH in include the concession to which the processing plant in Ancuabe is attached and a prospecting license in Nipacué, where there is a deposit with reserves …

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  • Ancuabe -

    Due to a rise in graphite prices work in the mine was suspended in 1999. In 2007, the Mozambique government announced its intention to re-open the mine, depending on the supply of electricity from the Cahora Bassa dam.

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  • POSCO mulls buying stakes in graphite mines in Australia ...

     · The official did not provide further details on the possible stake purchases in in Australia and . POSCO said it plans to import 220,000 tons of lithium and 100,000 tons of nickel per year by 2030 to ensure its affiliate, POSCO Chemical Co., can produce 400,000 tons of cathodes and 260,000 tons of anodes by 2030.

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  • German graphite mine to open this year in Mozambique ...

    The graphite mine is located in the northern province of Cabo Delgado, a peaceful area. Also, Manica, Sofala and Zambezia are mainly agriculture and tourism provinces, and Germany is not traditionally present in these sectors in Mozambique, or indeed in Africa generally. So there are no major problems.

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