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Syrah's Balama up and running

SIX years after acquisition and following hundreds of millions of dollars being raised and spent, graphite heavyweight Syrah Resources has produced its first saleable product from the Balama project in Mozambique.

Michael Quinn
Syrah's Balama up and running

The company said first cash receipts were expected in early 2018 with production of 160,000 to 180,000 tonnes targeted in 2018. Syrah expects Balama to be cashflow positive in the first half of next...

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