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Battery raises $30M for development

FORMER Atlas Iron impresario David Flanagan just worked his magic again, raising US$30 million in debt and equity to support development of Battery Minerals’ Montepuez graphite project in Mozambique.

Haydn Black
All smiles at Battery after $30M raising.

All smiles at Battery after $30M raising.

Denver-based Resource Capital Funds, which invests in 170 miners across the globe, including Aussies Bannerman Resources, Geopacific Resources and Champion Iron, has signed a terms sheet for a $25 million...

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