The Balama graphite mine, in Mozambique, will miss it second-quarter production guidance by about 5 000 t, as results from owner Syrah Resources’ production improvement plan took longer than expected to materialise.
The Australia-based mining company said on Friday that the second-quarter production would be in a range of 45 000 t to 50 000 t, from its previous guidance of 50 000 t to 55 000 t. The bottom-end of the new guidance is below the previous quarter’s production of 48 000 t.