Syrah Resources Production at Mozambique Graphite Operation Reaches 23.500 Tonnes

MT Newswires Live
Apr 29

Syrah Resources (ASX:SYR) delivered total graphite production of 23,500 tonnes for the March quarter from its Balama graphite operation in Mozambique, according to a Wednesday Australian bourse filing.

There was no production at Balama due to protests impeding operations in the year-ago quarter, per a separate filing.

Natural graphite sales to external customers were 20,000 tonnes for the quarter, and it completed a large volume breakbulk shipment to Indonesia during the quarter.

It noted supply chain risks to Balama, particularly for imported consumables such as diesel, created by the conflict in the Middle East. It is engaged with suppliers and is focused on optimizing the use of its solar and battery system at Balama to manage its exposure to any temporary diesel supply risks.

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