Mozambican graphite will supply batteries for Lucid's electric cars
Syrah and its logistics service provider have taken the precautionary measure of suspending all personnel and logistics movements through the route section until further information is available. Balama mining and processing operations are not currently impacted.
9 June 2022
ASX Announcement / Media Release
Syrah Resources Limited (ASX: SYR) (“Syrah” or the “Company”) advises it has received reports of an insurgent attack at a mine project site near Ancuabe, approximately 200km from Balama in Cabo Delgado province, northern Mozambique. This, with another incident in the same area in recent days, are the first confirmed attacks in the district of Ancuabe. Prior to these incidents there had been a significant improvement in the overall security situation in Cabo Delgado. The incidents occurred between30km and40km from the N1 road, the primary transport route between Balama and both Nacala and Pemba.
Syrah and its logistics service provider have taken the precautionary measure of suspending all personnel and logistics movements through the route section until further information is available. Balama mining and processing operations are not currently impacted.
Syrah’s highest priority is the health and safety of employees and contractors. Accordingly, the Company retains close contact with Government, security authorities and other stakeholders to monitor the situation and assess the safe resumption of transport operations.
Syrah will continue to update the market on the security situation and any impacts on Balama operations.
This release was authorised on behalf of the Syrah Board by Shaun Verner, Managing Director
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