AGP Executive Report
Last update: 7 hours agoMining: Syrah reported stronger third-quarter production and recoveries at its Balama graphite mine. Its Mozambique subsidiary, Twigg, is due to receive a US$15 million loan to support working capital, while Syrah ramps up anode-material operations in the US ahead of planned first sales. Gas: At the Moscow gas summit, President Daniel Chapo said Mozambique is developing projects that could lift LNG export capacity above 35 million tonnes a year, and called for closer coordination between producers and consumers. Local Industry: Energy services SME ROSCONSULT says African Energy Week opened doors to partnerships and business opportunities. The government also plans to create 500,000 jobs by 2046 by organising informal workers into cooperatives. Food and Trade: Investment group Helios is targeting a 49% stake in flour miller Merec, while Malawi and Mozambique agreed to ease agricultural trade barriers. Ethiopian Airlines has begun direct service to Nacala, potentially supporting trade and investment around the northern port.
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