SYR 28.3% 19.0¢ syrah resources limited

Ann: Mining Agreement Update, page-2

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    1
    ASX/Media Release 6 March 2018
    MINING AGREEMENT SIGNED BY GOVERNMENT OF MOZAMBIQUE
    ____________________________________________________________________________________________
    Syrah Resources Limited (ASX: SYR) (Syrah or the Company) is pleased to announce that the Mining
    Agreement has been signed by His Excellency Ernesto Max Elias Tonela, the Minister of Mineral Resources
    and Energy, on behalf of Government of the Republic of Mozambique, and Syrah’s wholly owned
    subsidiary, Twigg Exploration and Mining, Limitada.
    The final step in the process is for the Mining Agreement to be presented to the Administrative Court in
    Mozambique for sanctioning after which it will be binding and enforceable. The Company will provide
    further updates when available.
    The Mining Agreement consolidates all prior project documents and approvals. It also provides the
    Company with clarity around the governing laws and contractualises the mining rights and other
    obligations for the Balama Project in Mozambique.
    For further information contact Investor Relations:
    Nova Young
    Contact: +61 422 575 530
    Email: [email protected]
    About Syrah Resources
    Syrah Resources Limited (ASX code: SYR) is an Australian-based industrial minerals and technology
    company. Constructing and commissioning activities of the Balama Graphite Project (Balama) in
    Mozambique are essentially complete. Syrah produced its first saleable flake graphite product in
    November 2017 and transitioned into operations on 1 January 2018. Balama will be the leading global
    producer of high purity graphite. Balama production is targeted to supply traditional industrial graphite
    markets and emerging technology markets. Syrah is also developing a downstream Battery Anode
    Material plant in Louisiana, USA. Syrah has successfully completed extensive product certification test
    work with several major battery producers for the use of Balama spherical graphite in the anode of lithium
    ion batteries. For further information, visit www.syrahresources.com.au
 
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