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The world needs graphite for every EV battery. Mozambique has some of the largest deposits on earth. Most CEOs are still talking about oil.
Every electric vehicle battery contains graphite. Lots of it. The transition to EVs is creating a structural demand shift for graphite that most commodity forecasters say will not be met by current supply. Mozambique's Cabo Delgado province hosts the Balama graphite mine — one of the largest graphite operations in the world. Syrah Resources, the Australian operator, received a $150 million loan from the US Development Finance Corporation in 2023 to expand operations. They als
Alice Santos
May 111 min read
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