Mozambique leader Nyusi Inaugurates Balama Graphite Mine From...

Mozambique leader Nyusi Inaugurates Balama Graphite Mine
From Allafrica , independent, comprehensive pan-African news source, on 12/4/18

Maputo — Mozambican President Filipe Nyusi on Thursday inaugurated a graphite mine in Balama district, in the northern province of Cabo Delgado, with a capacity to produce quarter of a million tonnes of graphite a year, when operating at peak capacity.
The investor is Twigg Exploration and Mining, which is a subsidiary of the Australian company Syrah Resources. The investment so far is around 250 million US dollars.
Speaking at the inauguration ceremony, Nyusi said the new mine fits into the government's strategic vision for the industrialisation of the country. It will make Mozambique one of the largest producers of graphite in the world, alongside countries such as China and Brazil.
“The country is winning and the quality of life of the population will improve “, he declared, addressing the mine's workers and managers, and the Balama public.
Although the inauguration ceremony was on Thursday, the open cast mine has been in operation since November, exporting graphite to markets in Europe, America and Asia.
According to the Managing Director and Chief Executive Office of Syrah Resources, Shaun Verner, since operations began, the mine has already produced more than 160,000 tonnes of graphite. Much of the production has been exported through the port of Nacala, in the neighbouring province of Nampula

Another news article on same same subject by Journal du Cameroun






















from