Syrah Resources reports graphite sales revenue down 63% in Q1

By Sybil Pan
Published: Wednesday, 22 April 2020

Australian graphite producer Syrah Resources showed a significant sales decline in natural graphite in the first quarter of 2020, driven by weak end-markets, but predominantly by supply-chain disruptions in China amid the Covid-19 pandemic, the company said on Wednesday April 22.

Syrah reported quarterly sales revenue of US$3 million, with 7,000 tonnes of flake graphite sold and shipped in the three months ended March 31, 2020.

In the fourth quarter of 2019, the company’s revenue was $8 million, with flake graphite sales of 17,000 tonnes.

Production of...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.