Syrah Resources reports higher net loss in H1 2019

By Davide Ghilotti
Published: Friday, 13 September 2019

Graphite producer Syrah has reported that it intends to reduce production in the fourth quarter because the prices that are being realized and the bearish market conditions continue to dent profitability.

Australian graphite producer Syrah Resources reported a worsening of net losses and reduced cash availability in its latest financial update, published on Friday September 13, after it announced earlier this week that it would slash its production output for the fourth quarter.

The operator of the Balama graphite project in...

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