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Graphite miner slumps on severe price fall

Heavyweight producer to cut volumes, conserve cash

Michael Quinn
The clouds have got darker over Balama in Mozambique

The clouds have got darker over Balama in Mozambique

Syrah said production would be reduced to 5,000 tonnes per month, less than a quarter of the project's capacity, with the company to be "focused on value over volume and disciplined cash conservation"...

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