AMG

AMG has plans to Buy Ancuabe Graphite Mine
http://www.amg-nv.com/files/doc_downloads/2015/August/AMG-Graphite-Industrial-Minerals.pdf

At present the company purchases most of its additional graphite from china, with prices typically decided on six monthly or yearly supply contracts a situation that leaves the company open to volatility in both pricing and material availability.

If all goes to plan, AMG’s Ancuabe mine will be the first of its kind to reopen in Mozambique. Formerly operated by Irish mining group Kenmare Resources Ltd between 1992 and 1998, the project has a projected initial capacity of 6,000 tpa, which can be scaled up to 9,000 tpa. At first, this will substitute for AMG’s existing external supply, rather than top up its present 25,000 tpa volume.

Helped by the fact that Ancuabe is a brownfield site with a history of exporting graphite, AMG’s mine is in a logistically enviable position compared with some other projects in Africa.
To fund the development, the company has secured and is in final contract negotiations for $10m financing from DEG, a subsidiary of German banking group, KfW, which specialises in sustainable business investments in emerging economies.

AMG’s plans for Ancuabe involve redeveloping the site and building new processing capacity. According to Berger, all the environmental and operational permitting necessary to begin work at the project has now been completed and the company is waiting on the first instalment of cash to begin construction.
AMG also recently inked a deal with ASX-listed Triton Minerals Ltd to explore the licences surrounding its Ancuabe site for further graphite mining potential.

Details on the arrangement are sketchy, as AMG signed a non-disclosure agreement with Triton over the deal’s terms, however "Berger did not rule out a possible joint venture with Triton in the future, or possibly buying the licences from the Australian company outright. "It depends what we find in the ground," he said. "We wouldn’t buy them just because they surrounded us."

Ancuabe is the closest graphite mine to Mozambique’s Port of Pemba, affording the company a relatively easy route to ship the graphite out, Berger said.
The company believes it can be cost competitive with China in Mozambique for graphite raw material, otherwise it wouldn’t be pursuing the investment.

Following the successful recommissioning of Ancuabe, AMG is considering turning its attention to the nearby Nipacue greenfield graphite project.