Mozambique Mining: Syrah’s Balama graphite output rises by 83% in 3Q2018

Production of the Balama graphite mine in Cabo Delgado province, northern Mozambique, increased 83.0% in the third quarter compared to the second, Australian company Syrah Resources said in a statement to the market.

The company, in a report on its activities in the quarter, also reported that the increase in production means that production reached 71,100 tons in the period from January to September.

The increase in production was achieved through improvements in the facility and the mine’s exploration model, noted the document signed by Chief Executive Shaun Verner.

The report also said that half of the production in the quarter was sold, with 19,000tons remaining in storage awaiting transport to the port of Nacala, from where they will be exported to customers. (source: Macauhub)