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Syrah Resources (ASX:SYR) has dropped 2018 guidance again for the Balama graphite project in Mozambique, although a major uptick is needed in the second half to even meet the new low-end number.
The Balama operation is going through what currently seem typical teething issues for a new project
Syrah is now targeting 135,000-145,000 tonnes for the year, down from the original target of 160,000-180,000t target and an earlier downward revision to 160,000t.
Loan being offered by US Department of Energy
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