GRAPHITE
ASX-listed graphite developer Syrah Resources has signed a binding sales agreement with China-based Zhanjiang Juxin New Energy materials for 20 000 t of natural graphite from Syrah’s Mozambique-based Balama operation, in 2018. “This contract represents another significant import of Balama graphite into the leading geographic market for natural graphite,” said Syrah MD and CEO Shaun Venter in an update on Monday. He added that the company’s agreement with Zhanjiang Juxin illustrates the demand for Syrah’s natural graphite as a baseload material for battery anode applications.
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