Communication - Presse
Syrah Resources pleased with resumption of operations in Balama
The Australian mining company Syrah Resources, which operates a graphite mine in Balama district, in the northern Mozambican province of Cabo Delgado, has announced that it has safely restarted operations in the country, following a six-month shutdown caused by mass demonstrations that degenerated into rioting in 2024.
According to a statement, Syrah Resources’ chair used the 2026 annual meeting to highlight the safe restart of operations at the Balama graphite mine after protests and force majeure, restoring the company’s role as a leading ex-China supplier and shoring up confidence among customers, communities and the Mozambican government.
“The management aims to shift Balama toward more continuous production, feed growing ex-China demand and integrate supply with the Vidalia anode materials plant in the U.S. The board is prioritising commercial ramp-up at Vidalia, execution of offtake-linked sales and strict capital discipline backed by proposed strategic funding from U.S. government agencies and major shareholder Australian Super to strengthen liquidity”, reads the document.
The document also says that governance and succession remain in focus, “with new chair Samantha Hogg and director Robert Edel reinforcing board capabilities as Syrah seeks to leverage its assets and policy alignment to navigate market volatility and build long-term shareholder value.”
Last March, the company announced that it will supply, in the next seven years, between 34,000 and 68,000 tons of natural graphite to the Japanese market.
The graphite extracted in Balama will initially be sent to an anode production facility in Abu Dhabi, United Arab Emirates, and will subsequently supply a Japanese customer in the downstream sector, operating in the electric vehicle battery manufacturing chain. The process will begin next June.
