Battery Minerals Generates Exceptional Results from Montepuez Value Engineering Study

Graphite-development company Battery Minerals (ASX: BAT) is pleased to report on the strong progress it has made in the September 2017 Quarter towards bringing its Montepuez Graphite Project in Mozambique into development with the publication on 18 October 2017 of the results of the Value Engineering Study work, that occurred during the Quarter.
The Mining Licence Application for the Montepuez Graphite Project is progressing well following presentations to government during the September 2017 Quarter. Battery has also completed the Environmental Impact Assessment for Montepuez and submitted this to authorities.

In addition, during the September 2017 Quarter the Company worked on completing a Concept Study on its Balama Central Graphite Project. Subsequent to the end of the September 2017 Quarter, the results of the Concept Study work were reported on to ASX on 26 October 2017.
Battery Minerals has decided to proceed with a Definitive Feasibility Study (DFS) on the Balama Central Graphite Project.

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