ENERGY MINERALS

Syrah expects graphite production suspension to continue

WHILE Syrah Resources expects production from its Balama operation in Mozambique to remain suspended for the duration of the current quarter, it “remains confident in the medium to long-term value of its unique asset”.

 Operations at Balama have been suspended

Operations at Balama have been suspended

The company ended the March quarter with the US$65 million cash it had budgeted and expects a net cash outflow in the current quarter of about $12 million. That's a 25% reduction in quarterly outflow...

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