Syrah Resources Ltd announced for successful commissioning of the attrition cells

  • Aug 14, 2018 AEST
  • Team Kalkine
Syrah Resources Ltd announced for successful commissioning of the attrition cells

Commissioned the attrition cells for the fines graphite circuit: Syrah Resources Ltd.’s (ASX:SYR) stock fell 1.946% on August 14, 2018 (3 PM AEST) though the company commissioned the attrition cells for the fines graphite circuit that is now fully operational. This is as per the plan and they are required to be fully integrated into production. Moreover, the company’s initial assessment showed significant improvement in fines graphite fixed carbon levels, which will enable improvements in both quality and recovery.

The group is now focusing on stable plant flows with better utilisation and recovery rates to help support the Balama Graphite Project operations.

SYR has also planned production of higher fixed carbon graphite product to 96%-98%, that will be driven by customer demand. SYR also expects the development of a price premium for higher carbon content products. Meanwhile, SYR stock has fallen 19.94% in three months as on August 13, 2018.

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