Australia-based Syrah Resources has resumed natural graphite production at its Balama operation in Mozambique.
This follows the restoration of site access in May and the completion of necessary inspection and maintenance activities.
In a statement released on Thursday, the ASX-listed company said it will gradually ramp up plant utilisation and production volumes as part of an ongoing operational campaign aimed at replenishing its finished product inventory. Shipments to markets outside China are expected to resume during the September quarter.
“There is significant and growing latent demand for Syrah’s natural graphite products, particularly in the ex-China market, due to global supply disruptions, including those from Balama,” the company stated.
Initially, Syrah will prioritise large-volume breakbulk shipments to accelerate customer deliveries and boost cash flow.
Operations at Balama will continue in “campaign mode,” meaning production will be aligned with prevailing market demand.
Additionally, Syrah confirmed it is engaging with the Mozambique government and local stakeholders to address ongoing resettlement issues and to ensure secure and unrestricted access to the mine.
The force majeure declaration, issued earlier this year, remains in effect until product shipments resume and ground conditions are reassessed.
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