Balama Graphite Operation

Cabo Delgado Province, Mozambique



Contained Graphite Reserve



Graphite Production Capacity


+ Years

Mine Life

A globally significant natural graphite resource. Balama's multi-generational mine life, high reserve grade and integrated processing facility will enable Syrah's sustainable participation in the battery anode and electric vehicle markets.

Balama Graphite Operation
Major Ports
Balama Graphite Operations

Key Features

  • Location: Southern Cabo Delgado Province, Mozambique

  • Reserve: 110Mt (16% TGC) Graphite Ore Reserve 

  • Resource: 1,036Mt (12% TGC) Graphite Mineral Resource

  • Life of mine: 50 years

  • Mining: Simple, low strip, open pit mining

  • Processing: Conventional crushing, grinding, flotation, filtration, drying, screening and bagging

  • Plant capacity: 2Mtpa ore throughput yielding ~350ktpa graphite

  • Product: 94% to 98% fixed carbon graphite concentrate. 80% fine flake (-100mesh)

  • C1 cash cost guidance: US$430-480/t (FOB Nacala/Pemba) at a 20kt per month production rate

  • Power: 15.4MW on-site diesel power station (comprised of seven 2.2MW generators) and 11.25 MWp solar photovoltaic array (comprising 20,832 solar modules) combined with an 8.5 MW/MWh battery energy storage system and automated power management system

  • Global Warming Potential (Scope 1, 2 & 3): 0.42kg CO2 equivalent per kg graphite (Balama origin to Nacala port)

Balama Supply Chain


  • May 2015: Feasibility Study completed

  • Nov 2017: First production and Nacala container shipments of natural graphite

  • Sep 2018: Mining Agreement finalised with Government of Mozambique

  • Mar 2019: Graphite Mineral Resources and Ore Reserves updated

  • Mar 2020: Temporary suspension of production at Balama

  • Mar 2021: Production recommenced at Balama

  • Mar 2022: Pemba breakbulk shipments commenced

See Also

Our Business Overview

Principal Address
Level 7, 477 Collins Street
Melbourne VIC 3000

Principal Address
Level 7, 477 Collins Street
Melbourne VIC 3000

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