Syrah Resources restarting Balama graphite operation in Mozambique after disruptions

From Yahoo Finance: 2025-05-16 10:19:00

Syrah Resources has begun the process of restarting its Balama graphite operation in Mozambique, focusing on power restoration, camp preparation, and site security. The company plans to resume natural graphite production by the end of the June 2025 quarter, following disruptions due to civil unrest last year. No significant issues have been found at the plant, and operations are expected to restart soon. Syrah is working with authorities and community leaders to ensure support for the operation. Discussions with the US DFC regarding financial implications are ongoing. The DFC has deferred interest payments to help resolve the situation.



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