Syrah publishes feasibility study for Mozambique graphite project

A feasibility study has estimated that the Balama graphite project, in Mozambique, would require a capital investment of some $138-million to deliver a 380 000-t/y operation. Project owner Syrah Resources on Friday announced that based on the current maiden Joint Ore Reserves Committee-compliant reserve of 81-million tonnes, grading 16.2% graphite, the project was expected to have a mine life of about 40 years.