Syrah Resources LimitedASX: SYR

Syrah Achieves Significant Graphite Concentrate Upgrade

· Issued by Syrah Resources Limited

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Syrah Resources Limited reports on the results of a pilot plant test program for its Balama graphite project, highlighting significant improvements in graphite concentrate quality. The test work demonstrated that the addition of a liberation circuit can enhance total graphitic carbon across all size fractions, achieving high-grade concentrate. The company aims to optimize production processes and enhance margins by increasing the selling price of Balama graphite. Managing Director Tolga Kumova expressed satisfaction with the results, indicating that the new circuit will improve the project's economics.

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