Syrah Resumes Graphite Shipments From Balama After Protest Disruptions

Syrah Resources

Syrah resumes graphite shipments ahead of plan after months of protests in Mozambique. The company lifted the December 2024 force majeure. It is loading 10,000t at Nacala for industrial buyers outside China. It plans a large US shipment by late September.

Balama restart and logistics

Balama returned to operation after Syrah reached a farmer agreement. The mine suffered no damage during the protests. Syrah had targeted large shipments in September–December. However, it accelerated the schedule after gaining site access in May. First-quarter sales fell 94% to 1,300t as inventories covered customers.

Implications for the anode supply chain

The restart broadens graphite supply beyond China amid policy uncertainty. Industrial buyers gain an alternative source of natural graphite flakes. EV anode projects in the US benefit from diversified feedstock. Freight through Nacala supports stable exports from northern Mozambique.

Market exposure still requires careful community engagement and security planning. Non-violent protests blocked access in September 2024. Tensions escalated after a disputed election. Effective stakeholder management now underpins Balama reliability.

Syrah resumes graphite shipments as it pivots toward North American demand. The company aims to grow sales outside China in 2025. Execution on logistics and customer qualification remains critical.

The Metalnomist Commentary

Balama’s early restart strengthens non-China graphite options for industrial and battery supply chains. Pricing power now hinges on dependable exports and stable community relations. Watch US intake and customer qualification, which will determine utilization rates this year.