Latest Mozambique News

RBR Group Limited reported an 88% plunge in revenue and a widening net loss for FY2025, impacted by political instability and LNG project delays in Mozambique. The company is investing in facility upgrades and workforce training to position itself for a market rebound.

MRG Metals has successfully raised over $500,000 through an entitlement offer, issuing new options to fund exploration in Mozambique while directors fully subscribed and plan further participation.

Syrah Resources’ Mozambican graphite operation receives a $6.5 million loan disbursement from the US DFC, with further funding contingent on a critical loan restructure planned for September.

EcoGraf Limited has been granted its first Australian patent for its innovative HFfree® purification technology, reinforcing its position in the battery anode materials market. This milestone follows a recent breakthrough that cut purification costs by 25%, boosting the commercial potential of its purification facilities.

South32 warns of uncertain electricity supply for Mozal Aluminium beyond March 2026, prompting a major impairment and operational slowdown.

Syrah Resources has initiated a fully underwritten A$70 million equity raising alongside a two-year forbearance agreement with the US Department of Energy, supporting its Vidalia and Balama operations. The retail entitlement offer opened on 6 August and closes on 20 August 2025.

Syrah Resources has successfully completed a A$42 million institutional placement and entitlement offer, with a fully underwritten retail offer set to raise a further A$28 million, bolstering its capital for key operations.

Triton Minerals pushes forward with its Aucu Copper/Gold Project after securing exploration licenses, while navigating a protracted $8.5 million legal dispute over its Mozambique Graphite Assets sale and implementing austerity measures to safeguard cash.

RBR Group Limited is strategically positioning itself to capitalise on the restart of major LNG projects in Mozambique, advancing joint ventures and raising capital to meet anticipated demand.

MRG Metals advances its Mozambique Heavy Mineral Sands project through a fully funded joint venture with Sinowin Lithium, securing key mining licences and targeting production within 12–18 months. The company also launches an $818,000 entitlement offer to support further exploration and development.

Triton Minerals updates investors on delayed legal proceedings over its Mozambique graphite projects while progressing exploration planning at its Aucu Gold-Copper Project.

Syrah Resources has resumed production at its Balama graphite mine after a year-long halt and is advancing sales at its US Vidalia anode material facility, supported by new US tariffs on Chinese imports and a $70 million equity raise.