2022-02-16 Syrah Resources to expand Louisiana graphite processing facility

Feb. 16, 2022 - Syrah Resources CEO Shaun Verner announced that the company is investing $176 million to expand its Syrah Technologies graphite processing facility in central Louisiana, giving the state a supply-chain foothold in the rapidly expanding market for electric vehicle components produced in the United Sta...

2021-12-24 Syrah Resources executes AAM agreement with Tesla

Dec. 23, 2021 - Syrah Resources (SYR) has executed an offtake agreement with Tesla to supply natural graphite active anode material (AAM) from its planned production facility in Vidalia, Louisiana, USA. The announcement was released to the market earlier today. By this afternoon the company asked the ASX to place...

2021-11-01 Syrah Resources gains pace at Balama

Nov. 1, 2021 - On October 28, graphite miner Syrah Resources announced that its Balama operation, in Mozambique, had produced 25,000 tons of natural graphite in the three months to September, at a C1 cost of $684/t. Production in the September quarter was down slightly from the 29,000 tons produced in the June quarter...

2021-09-17 Shipping disruptions delay Syrah shipments

Sep. 17, 2021 - Syrah Resources (“Syrah” or “Company”) advises due to scheduling changes by a shipping services provider, approximately 12kt of natural graphite sales from its Balama Graphite Operation (“Balama”) in Mozambique planned to ship from Nacala in late September 2021 has been delayed to October 2021, ...

2021-08-25 Syrah achieves accreditation for ISO:9001 Quality Management Systems at Vidalia

Aug. 25, 2021 - The ISO:9001 Quality Management System (QMS) is the most widely used and implemented quality management system in the world. ISO:9001 principles range across customer focus, leadership, engagement of people, process approach, improvement, evidence-based decision making and relationship management.&nbs...

2021-08-06 Syrah awarded first place at the Mozambican "Good Practices in Safety and Health at Work" awards

Aug. 6, 2021 - Syrah Resources has been awarded first place at the Mozambican ‘Good Practices in Safety and Health at Work’ awards in the category of ‘Large Companies of the Mining Industry Sector’. The event was held in Maputo in Q2 2021 and hosted by the Mozambican General Labour Inspection in recognition of Wor...

2021-08-04 Syrah releases Q2 quarter graphite production report

Aug. 4, 2021 - Syrah Resources Ltd recorded strong operational performance with 29,000 tonnes of natural graphite produced in the June quarter. The June quarter was the first full quarter following Syrah’s production restart, with natural production at Balama "ramping up". Syrah ended the quarter with a cash balance...

2021-04-22 Syrah getting back on track as graphite market improves

Apr. 21, 2021 - With graphite prices on the improve, Syrah Resources is heading towards minimum production of 15,000 tonnes per month of natural flake from its restarted Balama operation in Mozambique. Speaking on a conference call, Syrah managing director Shaun Verner said 15,000t was the minimum "sensible" mont...

2021-03-05 Syrah Resources aims for 15ktpm restart

Mar. 5, 2021 - Syrah Resources has given more details on its restart plans for the Mozambican Balama project. It plans to return to production levels of 15kt per month graphite concentrate, with a more flexible approach to production depending on market conditions. Verner was commenting on the company’s recent annou...

2021-02-23 Syrah Resources switches on Balama graphite restart

Feb. 22, 2021 - Syrah Resources has begun the process to bring its Balama graphite operation in Mozambique back into production. Details such as costs were scant aside from a timeline of 2-3 months. The operation was closed last March for COVID-19 and weak product demand reasons.  At fu...

2021-01-22 Syrah Resources eyes Balama graphite project restart in Mozambique

Jan. 21, 2021 - ASX-listed Syrah Resources on Thursday said that it was assessing the potential restart of its Balama graphite project, in Mozambique, and would take into consideration travel restrictions and an improved natural graphite market balance. Syrah in March of last year suspended production at Balama...

2020-12-22 Syrah signs MoU for solar and battery project at Balama

Dec. 22, 2020 - Syrah Resources Limited (ASX: SYR) (“Syrah” or “Company”) is pleased to announce a Memorandum of Understanding (“MoU”) with Solar Century Africa Limited (“Solarcentury”) to progress a solar and battery storage hybrid power system to work in conjunction with the existing diesel generation power...

2020-04-22 Syrah Resources releases natural flake graphite prices and sales in Q1

Apr. 22, 2020 - Syrah Resources releases lower Q1 2020 sales of natural flake graphite in line with moderated production strategy and impacted by China supply chain shut downs due to COVID 19. Key points: 1. Q1 2020 average price was US$478 per tonne versus Q4 2019 US$458 per tonne. ...

2020-02-01 Syrah's output falls to plan

Feb. 1, 2020 - Graphite miner Syrah Resources reported that 15,000 t of flake graphite was produced at its Balama project, in Mozambique, as production cuts took effect. The December quarter production was down significantly from the 45,000 t produced in the September quarter, as Syrah responded to the sudden ...

2020-02-01 Syrah Resources announces Q4 activities report

Feb. 1, 2020 - Production of 15kt flake graphite during the quarter (September quarter: 45kt). Production was moderated for Q4 2019 in response to sudden and material reduction in prices observed in Q3 2019.  A companywide restructure was initiated during the quarter in conjunction with moderation of prod...

2019-11-12 Syrah’s flake graphite output to reflect ‘balance’ in the market

Nov. 12, 2019 - Syrah Resources has adopted a new, flexible approach to the flake graphite market following a dramatic year in which it began commercial production from its Balama facility in Mozambique and produced 137,000 tonnes in the first nine months. The Australian miner then slashed its target...

2019-10-22 Syrah cuts staff and production outlook

Oct. 22, 2019 - Graphite miner Syrah Resources on Friday announced that some 30% of its staff at its Balama project, in Mozambique, will be made redundant, while executive management cuts will also be made. Syrah told shareholders that the sudden and material drop in flake graphite prices during the ...

2019-09-13 Syrah Resources releases interim report for H1 2019

Syrah Resources Limited (ASX: SYR) (“Syrah” or “Company”), releases its Interim Report for the half year ended 30 June 2019. This is the first interim report post declaration of commercial production, effective 1 January 2019, of the Balama Graphite Operation (“Balama”) in Mozambique.  Key Features&...

2019-07-17 Syrah Resources releases June quarterly and cashflow report

Jul. 17, 2019 - Syrah Resources releases June quarterly and cashflow report as below. Balama Graphite Operation (Balama) 1. Total Recordable Injury Frequency Rate (TRIFR) of 0.3 as at the end of the quarter. 2. Produced 44kt natural flake graphite, 8% lower than Q1 due primarily to minor equipme...

2019-01-15 Syrah Resources reaches commercial graphite production

Jan. 14, 2019 - ASX-listed Syrah Resources has declared commercial graphite production at the Balama graphite operation in Mozambique. This follows first production of unpurified spherical graphite at its Battery Anode Material (BAM) facility in Louisiana, USA using Balama natural graphite at the end...