Dig Deep Giyani Metals' Capital Fundraiser and Future Plans with CEO Danny Keating
In this episode, we chat to Danny Keating, President & CEO of Giyani Metals who are a battery metal development company focused on becoming one of Africa's first low-carbon producers of high-purity manganese sulphate mono-hydrate, a pre-cursor material used by lithium-ion battery manufacturers for the expanding (EV) market and they are currently developing a portfolio of high-quality manganese oxide assets within the Kanye Basin, in south-eastern Botswana, Africa.
Danny’s background is in both engineering and commercial & accounting working in executive management for over 15 years. He talks about their recent US$26 million fundraising, plans for the next 18 months as they are finalising their Demonstration Plant for producing high-purity battery grade manganese (HPMSM) ready for offtaker testing in Q4, and developing their Definitive Feasibility Study which is due in the first half of 2025.
KEY TAKEAWAYS
- Giyani Metals is focused on becoming one of Africa's first low-carbon producers of high-purity manganese sulfite monohydrate for the expanding EV market.
- Giyani Metals recently raised $26 million in capital from strategic investors ARCH and the IDC, showcasing a strong endorsement and support for the company's vision.
- The construction and commissioning of the demonstration plant is a key milestone for Giyani Metals, as it will demonstrate the process flow sheet and provide a continuous production of high-purity battery-grade manganese.
- The involvement of strategic investors like ARCH and the IDC not only provides financial support but also brings a focus on ESG aspects and long-term patient capital, setting a solid foundation for project financing.
- Giyani Metals is well-positioned in the high-purity manganese market, with a focus on meeting the increasing demand for manganese in battery chemistries, aligning with the industry's shift towards lower nickel, reduced cobalt, and increased manganese content.
BEST MOMENTS
"We spent almost a year going through due diligence with these groups, which is a ringing endorsement when we get to the end and they make a substantive investment."
"We're trying to assist in the energy transition. That's very important in terms of some of the sustainability aspects."
"We want to make sure that we're observing the highest social, environmental and governance aspects."
"We have the permits and licensing, the DFS and the demonstration plant all the way through to the offtake. So an exciting 12 months ahead of us in terms of delivering on all these aspects."
VALUABLE RESOURCES
Mail: rob@mining-international.org
LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/
X: https://twitter.com/MiningRobTyson
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast
Web: http://www.mining-international.org
Web: https://giyanimetals.com/
LinkedIn: https://www.linkedin.com/company/giyani-metals/
ABOUT THE HOST
Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
CONTACT METHOD
https://www.linkedin.com/in/rob-tyson-3a26a68/
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.