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Mozambique: Syrah signs Balama binding offtake with Posco Future M

Syrah Resources (ASX: SYR) says the signing of a binding offtake agreement with South Korea’s Posco Future M further confirms a move away from Chinese suppliers of battery metals such as active anode material (AAM). Posco Future M (previously Posco Chemical) is a major battery materials business pro...

GFT | 2024.03.04 | 조회 410

Mozambique’s economic growth outperforms regional average – Further Africa

The country’s Council of Ministers presented the results and impacts of the country’s 2023 economic, social and budget plan relating to last year’s performance showing Mozambique’s economic growth outperforms regional average. Economic growth for 2023 reached 5%, compared to 4.4% in 2022, driven ...

GFT | 2024.02.14 | 조회 410

Mozambique cuts interest rates for first time since 2020

Mozambique’s central bank cut its key interest rate for the first time since the height of the global pandemic in 2020 and signaled that it would continue to ease. The Banco de Moçambique lowered the key rate known by its Portuguese acronym of MIMO to 16.5% from 17.25%. “Conditions have been creat...

GFT | 2024.02.05 | 조회 428

Mozambique: Country’s sales of gas to September total $1.177B, double 2022 total

Sales of natural gas by Mozambique in the first nine months of 2023 totalled $1.177 billion (€1.059 billion) , more than double those in the whole of 2022, and approaching those of coal, which continues to be the country’s main export product. According to a detailed report by the Bank of Mozambiqu...

GFT | 2023.12.31 | 조회 454

TotalEnergies to restart its delayed Mozambique LNG project in early 2024 -sources

French energy firm TotalEnergies plans to restart its long-delayed $20 billion Mozambique liquefied natural gas (LNG) project in the first quarter of next year, two sources told Reuters late on Friday. Work on the project has been halted since 2021 when a violent insurgency led by Islamic State-linke...

GFT | 2023.12.27 | 조회 485

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