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Bernstein backs Balama graphite mine

Syrah Resources (AU:SYR) will be chuffed with a glowing write-up from UK-based analysts from Bernstein, especially after being kicked out of its preferred processing site in the US last week.

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Bernstein says the Balama operation makes most openpit mines look complicated

Syrah reached commercial production at its Balama graphite mine in Mozambique at the end of 2017 and has forecast 160,000 to 180,000 tonnes of production in 2018.

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