Nachu Graphite Project Financing
Sector: Mining • Location: Tanzania
Source: Mining.com.au
Magnis Energy Technologies has entered into an equity finance commitment agreement with New York-based Global Corporate Finance, providing $10 million to support the Nachu Graphite Project in Tanzania. The agreement includes an option to increase funding to $15 million and involves issuing options to GCF.
- Status
- Prospective
- Sector
- Mining
- Location
- Tanzania
- Updated
- 22 Jul 2026
- Source
- Mining.com.au
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Project Information
Participants
| Not available for this record. |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Magnis Energy Technologies has entered into an equity finance commitment agreement with New York-based Global Corporate Finance, providing $10 million to support the Nachu Graphite Project in Tanzania. The agreement includes an option to increase funding to $15 million and involves issuing options to GCF. |
Original sector | Mining |
Budget |
Location
Country | Tanzania |
Source
Source | Mining.com.au |
URL |
More Details
Record type | Project |
Article published date | 2025-04-05 |
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