Balama Resources
Exceptional Graphite Mine for Industries of Tomorrow
World-Class Natural Jumbo Graphite Flake Project in Cabo Delgado, Mozambique.
Recognized as the Purest and most Expandable Graphite Resource on a global scale (according to JORC Standard, 2019)
TOTAL COMMANDING POSITION
Simple Ownership Structure with Auspicious Virtue Investment Holding Limited as Majority Ownership and Full Management Control.
ULTRA-HIGH QUALITY GRAPHITE
- Located approximately 230 km west of Pemba and 35 km north of Montepuez in North Eastern Mozambique.
- Situated along strike from Syrah Resources Ltd (SYR:ASX)‘s mining site, a company valued at ~A$800 million.
- Consists of 2 Exploration Licenses totalling more than 16,000 ha.
- Field assessment highlighted concentrations of Large, Jumbo to Super Jumbo sized Flakes.
EXPANDABLE GRAPHITE FEATURES
- Heat and Fire Protection Applications ranging from Building Materials, Military and Aerospace to Consumer Electronics and Fuel Cells.
- Expands up to 300x its Original Volume making it a perfect fire retardant as per latest Regional Building Regulations.
- Expandable Graphite demand is 10x higher than the Lithium Battery Industry.
- Perfect feedstock in production of Next Generation Material - Graphene.
- The Future Development of High-value End Products.
- China's Import of High-Quality Graphite has increased 350% from 2017 to 2022*.
READY TO START
- USD 50M Mining Project - Ore throughput of 450 kt & Graphite Concentrate production of 53 kt per annum.
- Overall Construction Plan & Feasibility Study Report (including Mineral Processing Testwork Results) upon written request.
- Production begins in December 2024.
INDUSTRY PARTNERS
LEADERSHIP TEAM
Louis Ching
Director
- BA Degree in Economics from Boston University
- Largest Shareholder and CEO of Hong Kong listed PT International Development Corporation Limited (HK: 0372)
- Non-Executive Director and Deputy President of STX Corporation (Korea Listed KRX: 011810.KS)
- Extensive experience in commodity trading, business development and investing in the PRC, Asia & Africa
SENIOR MANAGEMENT & TECHNICAL TEAM
Dr Bernard Olivier
CEO & Head Geologist
- PhD in Economic Geology from the University of Stellenbosch, South Africa
- Geologist since 1998 across Tanzania, Burundi, South Africa, Swaziland, Argentina, Mozambique, Colombia, Australia and the Philippines
- Worked across exploration / development projects and mining operations across numerous commodities
- 14+ years of experience as a listed company director and served as CEO, MD, Technical Director and Chairman of several ASX and LSE Companies
- Member of AusIMM
Dr Evan Kirby
Metallurgist
- 40+ years of extensive Corporate and Technical experience
- 16+ years in South Africa with Impala Platinum, Rand Mines and Rustenburg Platinum Mines.
- Worked for Minproc Engineers and Bechtel Corp with Senior Management & Technical responsibilities
- Leading roles in many world-class metals and minerals developments & director of several ASX & AIM companies
- Extensive vanadium experience with Rhovan Vanadium mine in South Africa
- Technical Director for ASX listed Graphite Developer