Balama to produce first concentrate this month
PERTH (miningweekly.com) – First concentrate production at the Balama graphite project, in Mozambique, is expected late in October, with ASX-listed Syrah Resources telling shareholders that first saleable flake product was expected in the second half of November.
Project construction was now some 98% complete, and the front-end plant commissioning and infrastructure have been completed.
Syrah noted on Wednesday that flotation commissioning will start shortly, to be followed by filtration, drying and bagging.
The Balama operation is expected to produce an average of 365 000 t/y of graphite concentrate during its first ten years of production, to deliver free cash flow of $160-million a year.
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