Battery Minerals Ltd (BAT) Montepuez Project Funding fails Battery Minerals Limited advises that its US$30 million debt and equity funding agreement with Resource Capital Funds (RCF) has been terminated, leaving the Mozambique aspirational graphite company unfunded and undeveloped. By now, at least 5 other graphite companies should have been in production (BAT, KNL, MNS, BKT, TON) if they had met their expected time lines. SYR is the only major new graphite producer to be in production, meaning that non-china production alternatives have not delivered assumed supply contributions
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