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Battery boosts reserves

IT is often said that graphite easy to find but hard to develop, and Battery Minerals has again proved the first half of the truism with a reserve update that caps off a year of resource upgrades for its still-undeveloped Montepuez project in Mozambique, and it is trying to disprove the second half.

Haydn Black
Montepuez continues to grow.

Montepuez continues to grow.

The Dave Flanagan-headed company, which is still doing the Chingomana (a traditional Mozambican dance) with potential financiers after losing a US$30 million funding agreement with Resource Capital Funds...

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