Syrah Fines Circuit Attrition Cells Operational

2018-08-14

Aug. 14, 2018 - Syrah Resources Limited (ASX: SYR) (“Syrah” or “Company”) is pleased to announce the successful commissioning of the attrition cells for the fines graphite circuit which are now fully operational. Initial assessment is showing significant improvement in fines graphite fixed carbon levels, which enables improvements in both quality and recovery.

Planned production of higher fixed carbon graphite product to 96%-98% will be driven by customer demand. Syrah expects the development of a price premium for higher carbon content products. The commissioning of the flake circuit attrition cells continues as planned, and the Company will provide a further update when they are fully integrated into production.

Managing Director and CEO, Shaun Verner stated, “The Company continues its production improvement plan focused on stable plant flows, increased plant utilisation, recovery rates and process control governance at the Balama operations. It is pleasing to see the team achieve significant daily improvements arising from these actions.”