With growing demand for battery metals including nickel, lithium and graphite, The Northern Miner has teamed up with our data provider Mining Intelligence to rank the top battery metals projects under construction globally, based on expected mine life.
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Africa leads the way in terms of long-lived graphite developments. According to Mining Intelligence data, Tirupati Graphite’s (LSE: TGR) US$126-million Montepeuz project in Mozambique has the longest life spanning 30 years. Construction of the project under a previous owner stopped at the start of the pandemic, and on Apr. 3, Tirupati became the owner, with construction activity expected to restart soon. A 2017 feasibility study calculated a post-tax NPV of US$146 million. The project is also likely to produce vanadium.
Tirupati Graphite PLC (LON:TGR) is a fully integrated specialist graphite and graphene producer, with operations in Madagascar and India. The Company is delivering on this strategy by being fully integrated from mine to graphene. Its global multi-location operations include primary mining and processing in Madagascar, hi-tech graphite processing in India to produce specialty graphite, and a state-of-art graphene and technology R&D center to be established in India.
