Tirupati Graphite to acquire strategic projects from Battery Minerals
Published: Wednesday, 18 August 2021
UK-listed Tirupati Graphite has entered into a binding agreement to acquire the entire issued share capital of Suni Resources, a subsidiary of Battery Minerals with a graphite mining project in Mozambique, Tirupati announced on Tuesday August 17.
Suni Resources is the entity that holds the Mozambique
portfolio of Battery Minerals’ graphite assets.
These include the Montepuez graphite project, on which
construction has already begun, and the Balama Central graphite
project, which is at the advanced feasibility study stage.
The acquisition will include all associated assets,