ENERGY MINERALS

Syrah's battle with Balama venture continues

GRAPHITE heavyweight Syrah Resources continues to battle at Balama in Mozambique, with pricing for its production sold in the first quarter coming in about 15% below expectations.

 Better times ahead at Balama, Mozambique, say management

Better times ahead at Balama, Mozambique, say management

Syrah expects to record an average price of US$460-470 per tonne versus guidance of $500-600/t. The company's two main reasons for the lower pricing were "product mix and final vessel scheduling (being)...

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