AusSuper’s Graphite Bet Syrah to Restart Mine, Easing US Loan Concerns

Syrah Resources to restart Balama graphite operation in Mozambique - Overpasses For America

force majeure at the mine in December last year, citing widespread civil unrest stemming from disputed general election results in Mozambique. The unrest disrupted operations at multiple mining sites including Balama. secured a waiver for default events under its US International DFC loan of $150m (A$238.66m). Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purp…

AusSuper’s graphite bet Syrah to restart mine, easing US loan concerns

Syrah remains in crisis talks with US agencies after unrest near its Mozambique mine halted output and triggered default clauses on key US government loans.

Syrah Resources Targets Graphite Production Restart

Syrah Resources is targeting the resumption of natural graphite production at its Balama operation in Mozambique before the end of the June 2025 quarter, with shipments expected shortly after. Maintenance and inspection teams have returned to the site following the restoration of access in early May 2025. Contractors for camp services, mining, equipment, and power are also on-site, preparing for the restart. Syrah is collaborating with Mozambiqu…