SUBSIDIARY NAME
MONTEPUEZ GRAPHITE PROJECT
COUNTRY
MOZAMBIQUE
SECTOR/ INDUSTRY
MINING
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
May 20, 2022
ACQUISITION VALUATION
95 MILLION
TOTAL ASSET VALUATION
950 MILLION
MINING
MONTEPUEZ GRAPHITE PROJECT: IIB-DG acquired MONTEPUEZ GRAPHITE PROJECT on May 20, 2022 the purpose of project is Mining Operation and Wash plant for Graphite processing into Concentrate.
- Surface Outcropping resource/ Open Pit mining, HIGH GRADE Graphite deposit Upgradable to 99.9% for EV BATTERIES
- LoM(Life of Mine)- Over 80 Years TGC- 5-32%
- Production: 350 ktpa (when Phase 3 complete)
- Recovery Rate- 98%
- World Class Location Next to syrahresources.com.au
- Easy Access to 2 shipping Ports- Pemba(285km), Nacala(400km) EPCM Contractor- Jantai Corporation, CHINA
COUNTRY
MOZAMBIQUE
SECTOR/ INDUSTRY
MINING
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
September 7, 2022
ACQUISITION VALUATION
96 MILLION
TOTAL ASSET VALUATION
960 MILLION
MINING
MONTEPUEZ GRAPHITE PROJECT acquired on September 7, 2022.
- Surface Outcropping resource/ Open Pit mining,
- HIGH GRADE Graphite deposit Upgradable to 99.9% for EV BATTERIES
- LoM( Life of Mine)- Over 80 Years
- TGC- 5-32%
- Production: 350 ktpa ( when Phase 3 complete)
- Recovery Rate- 98%
- World Class Location Next to syrahresources.com.au
- Easy Access to 2 shipping Ports- Pemba(285km), Nacala(400km)
- EPCM Contractor-Jantai Corportation, CHINA
- Signed and offtake agreement with an American Company in the Anode Manufacturing Industry for Electric Vehicles batteries