News
01 November 2024

Syrah announces $150m DFC loan for Mozambique graphite

In:
Metals and Mining
Region:
Middle East & Africa

Syrah has secured a loan of $150 million from the DFC for the Balama graphite mine in Mozambique. This marks the first US development finance institution loan to a graphite project. An initial disbursement of $73 million will be released in November. Syrah, an Australian mining company, is also...

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