Syrah wants big second half from Balama

Syrah Resources (ASX: SYR) is aiming for the low end of 2018 production guidance of 160,000-180,000 tonnes of graphite, with 75% of that output expected in the second half of the year after a slow first quarter at the new Balama operation in Mozambique.

Michael Quinn

Big second half expected from Balama operation.

First quarter production totalled 11,200t, with improving flotation recoveries and higher plant throughput rates (post a fines dryer repair), now anticipated - including a maximum daily output of 470t achieved in April.