Syrah Resources Limited announced the declaration of commercial production at the Balama Graphite Operation in Mozambique. Following a review of monthly operating metrics, the Board has determined that the criteria to achieve commercial production, as set out in the 2017 Annual Report, have been met with effect from January 1, 2019,

For the fourth quarter 2018 natural graphite production of 33 kt, a. Achieved average graphite recovery of 70% in fourth quarter of 2018.

For the full year 2018 natural graphite production was 104 kt.