Syrah Resources has announced the successful completion of a production campaign at its Balama graphite operation in Mozambique, with shipments of natural graphite taking place during the September 2023 quarter.
This announcement comes in response to an Australian Financial Review article published on Sunday, October 1, 2023, which inaccurately stated that Syrah was stockpiling rather than selling the output from Balama.
The company has observed increased anode production in China and a recent uptick in natural graphite demand, reflecting the ongoing strength in global electric vehicle sales.
Further details will be provided by Syrah Resources on October 17, 2023.
