Syrah Resources obtains $150m loan waiver for Balama graphite mine in Mozambique

By Yahoo! Finance   |   1 week ago
Syrah Resources obtains $150m loan waiver for Balama graphite mine in Mozambique

Syrah Resources, based in Australia, has received a waiver for default events on its $150m DFC loan due to disruptions at its Balama graphite operation in Mozambique. Ongoing protests have impacted operations, leading to a suspension but no loan defaults.

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