{"id":6790,"date":"2021-10-01T18:06:36","date_gmt":"2021-10-01T18:06:36","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/?p=6790"},"modified":"2021-10-01T16:38:48","modified_gmt":"2021-10-01T16:38:48","slug":"tirupati-graphite-moves-closer-to-acquiring-montepuez-and-balama-central-projects","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/tirupati-graphite-moves-closer-to-acquiring-montepuez-and-balama-central-projects","title":{"rendered":"Tirupati Graphite moves closer to acquiring Montepuez and Balama Central projects"},"content":{"rendered":"

Africa-Press<\/a> – Mozambique<\/a>. <\/strong><\/span>Tirupati Graphite PLC (LSE:TGR, FRA:0WL) has moved closer to acquiring the Mozambique assets of ASX-listed Battery Minerals Ltd.<\/p>\n

Battery Minerals shareholders voted to approve the proposed deal at a general meeting earlier today.<\/p>\n

It means that Tirupati can now move to obtain requisite in-country approvals to acquire the Suni Resources SA vehicle which holds the Montepuez and Balama Central graphite projects \u2013 the former is in construction and the latter is at an advanced stage of the feasibility study process.<\/p>\n

\u201cWe are delighted that Battery Minerals\u2019 shareholders have given their approval, which passes the first of the two major milestones to completing the acquisition of these advanced-stage projects,\u201d said chief executive Shishir Poddar.<\/p>\n

\u201cThe acquisition will be helpful in our endeavours to be a material player in the high growth EV and battery markets as the two projects have substantial reserves and resources, provide us diversity of risks, and expand our production profile given the nature of the deposits and the graphite product output.<\/p>\n

\u201cWe look forward to updating the market further on progress with the in-country formalities to complete the acquisition.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Tirupati Graphite PLC (LSE:TGR, FRA:0WL) has moved closer to acquiring the Mozambique assets of ASX-listed Battery Minerals Ltd. Battery Minerals shareholders voted to approve the proposed deal at a general meeting earlier today. It means that Tirupati can now move to obtain requisite in-country approvals to acquire the Suni Resources SA vehicle […]<\/p>\n","protected":false},"author":84,"featured_media":6789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-6790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nTirupati Graphite moves closer to acquiring Montepuez and Balama Central projects - Mozambique<\/title>\n<meta name=\"description\" content=\"Tirupati Graphite PLC (LSE:TGR, FRA:0WL) has moved closer to acquiring the Mozambique assets of ASX-listed Battery Miner ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/tirupati-graphite-moves-closer-to-acquiring-montepuez-and-balama-central-projects\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tirupati Graphite moves closer to acquiring Montepuez and Balama Central projects\" \/>\n<meta property=\"og:description\" content=\"Tirupati Graphite PLC (LSE:TGR, FRA:0WL) has moved closer to acquiring the Mozambique assets of ASX-listed Battery Miner ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/tirupati-graphite-moves-closer-to-acquiring-montepuez-and-balama-central-projects\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-01T18:06:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/10\/img-6157397d18cba.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"479\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/tirupati-graphite-moves-closer-to-acquiring-montepuez-and-balama-central-projects#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/tirupati-graphite-moves-closer-to-acquiring-montepuez-and-balama-central-projects\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Tirupati Graphite moves closer to acquiring Montepuez and Balama Central projects\",\"datePublished\":\"2021-10-01T18:06:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/tirupati-graphite-moves-closer-to-acquiring-montepuez-and-balama-central-projects\"},\"wordCount\":197,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/tirupati-graphite-moves-closer-to-acquiring-montepuez-and-balama-central-projects#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/10\/img-6157397d18cba.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/tirupati-graphite-moves-closer-to-acquiring-montepuez-and-balama-central-projects#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/tirupati-graphite-moves-closer-to-acquiring-montepuez-and-balama-central-projects\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/tirupati-graphite-moves-closer-to-acquiring-montepuez-and-balama-central-projects\",\"name\":\"Tirupati Graphite moves closer to acquiring Montepuez and Balama Central projects - 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