A slew of companies are making progress exploring and mining for graphite in Africa. Here’s a brief overview.
Syrah Resources Ltd. (ASX:SYR) announced that it’s signed an offtake agreement with Japan’s Marubeni Corp. (TSE:8002).
The company released the PEA for its Coosa graphite project on Monday. Here Co-CEO and Executive Chairman Don Baxter weighs in on why it’s unique in the space.
Syrah Resources is focused on its Balama graphite project, while OceanaGold is a gold and copper producer with operations in New Zealand, the Philippines and the US.
Benchmark Mineral Intelligence’s World Tour stops in Vancouver, BC on October 1. Will you be attending?
Syrah Resources Ltd. (ASX:SYR) released an update on its Mozambique-based Balama project, commenting that production remains on track for the first quarter of 2017. Work is progressing on a process plant, as well as on procurement and contracts.
Ben Kramer-Miller of miningWEALTH released a report on Syrah Resources Ltd. (ASX:SYR). In it, he reiterate his belief that the company’s Balama project is “economically impractical even if it makes sense from geological and engineering perspectives.”
Mining Weekly reported that Syrah Resources Ltd. (ASX:SYR) has announced plans to raise AU$211 million to develop its Mozambique-based Balama project.
Syrah Resources Ltd. (ASX:SYR) announced that it’s received the land access license for its Balama graphite project from Mozambique’s Ministry of Land, Environment and Rural Development.
This past Friday, Syrah Resources Ltd. (ASX:SYR) released a feasibility study for its Balama graphite project in Mozambique, noting that it confirms that the project has “low capital intensity, low technical risk and attractive returns.”
Syrah Resources Ltd. (ASX:SYR) announced that it’s received the environmental license for its Balama graphite project. It was awarded by Mozambique’s Ministry of Land, Environmental and Rural Development.
Syrah Resources Ltd. (ASX:SYR) saw its stock prices jump 13 percent since news broke of an agreement with Chinalco Mining Corp. (HKG:3668) Tuesday. The medium-cap company signed a 3-year contract to supply graphite to the Chinese company, which sent shock-waves through the market and fueled talks of a graphite
Syrah Resources Ltd. (ASX:SYR) announced the successful conclusion of a binding offtake agreement with China Aluminium International Engineering Corp. Ltd. (Chalieco) for its Balama graphite and vanadium project in Mozambique.
Syrah Resources Ltd. (ASX:SYR) announced that it has started pre-construction work at its Mozambique-based Balama graphite project.