Tiny but vital metal markets rush to adjust to Chinese clampdown
A bigger clampdown looks set to have far-reaching ramifications for supply chains feeding American defense and chip-making industries.
Syrah Resources (ASX: SYR) announced on Tuesday that will suspend its Battery Anode Material plant in Vidalia, Louisiana, to assess and manage potential operational risks from covid-19.
According to the company, this will delay the distribution of purified natural graphite samples for qualification with potential customers.
The Balama graphite operation in Mozambique remains operational.
Syrah produced over 100,000 tonnes of natural graphite in 2018. Balama is the largest and first major new natural graphite operation developed outside of China.
