Other Elements and Materials

Syrah Resources suspends movement on key route after attacks in northern Mozambique

Syrah Resources suspends movement on key route after attacks in northern Mozambique
Mining News Pro - Syrah Resources said on Thursday there were insurgent attacks near its Balama graphite operations in northern Mozambique, which prompted the Australian miner to preemptively suspend movement on a key transport route.
  Zoom:

Shares of Syrah dropped as much as 15.3% to A$1.30, their worst intraday session since April 2020.

The company said mining and processing operations at the graphite project in the south African nation remain uninterrupted even as logistics and personnel movements were suspended on the route.

The attack is the second confirmed incident in the Ancuabe district in recent days, Syrah said.


   Short Link:  
Related News
Esfahan Mobarakeh Steel co.
HOSCO
khuzestan steel
chadormalu Co.
ghadir neiriz co
IranAluminaJaajarm
sangan steel
ahan o fulad golgohar