Syrah Resources (ASX:SYR) is an Australian resource company that is rapidly progressing its flagship Balama Graphite and Vanadium Project in Mozambique to production. The Project hosts the largest graphite ore reserves in the world with an Australasian Joint Ore Reserves Committee (JORC) compliant Ore Reserve of 81.4 Mt at 16.2% total graphitic carbon. Balama is a 110 km2 granted Mining Concession located within the Cabo Delgado province in the district of Namuno in northern Mozambique. The Project is approximately 260 km by road west of Pemba and is accessible by a sealed, main road, running directly from Pemba Airport. The Port of Nacala is approximately 490 km by road south east of the Project and is the deepest port in Southern Africa.
Syrah Resources Ltd
ASX:SYR ISIN:AU000000SYR9
News
Syrah Resources Limited (ASX:SYR) (OTCMKTS:SYAAF) is pleased to announce that it has received its Land Access (DUAT) License for the Balama Graphite Project from the Ministry of Land, Environment and Rural Development (MITADER).
Syrah Resources (ASX:SYR) is pleased to report the results of an Internal Economic Assessment (IEA) for a proposed coated spherical graphite facility in the United States.
Syrah Resources (ASX:SYR) is very pleased to advise that the Mozambique Government has granted a 25-year mining license for the Balama Graphite and Vanadium Project.
Australian market Monday ended lower in a thin trade led by resources stocks, as commodities prices dropped on a sharp rise in US dollar. At the close, the benchmark S&P/ASX200 index fell 25.7 points, or 0.6 per cent, at 4676.5, while the broader All Ordinaries lost 26 points, or 0.6 per cent, to 4695.2.
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