Syrah cuts 2018 graphite production target again despite recoveries improving

By Davide Ghilotti
Published: Tuesday, 04 December 2018

The graphite miner now expects production to reach 101,000-106,000 tonnes in 2018, down about 39% on average from April targets, as a consequence of an outage in October and a slower-than-expected ramp up.

Graphite miner Syrah Resources is targeting a 2018 production level of 101,000-106,000 tonnes of graphite concentrate at its Balama mine in Mozambique, further reducing its forecasts after a fire in October halted operations for over a month.

This is Syrah's second annual graphite production guidance reduction this year.

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