ASX-listed Syrah Resources' project remains on schedule for first production in August 2017 and capital cost of the project remains unchanged.Overall construction progress completion at the Syrah Resources was 90% as at 30 June 2017.
Processing plant commissioning activities commenced in May and they continue as planned. This includes energisation of the primary crusher sub-station, and completion of function testing for some material handling equipment.
The majority of supporting infrastructure for the Syrah Resources plant site is complete, aside from the water pipeline which is well advanced. The main pipeline corridor has been cleared and trenched (13.5 km) and welding of the pipeline has commenced.
Operational readiness for production ramp up is also progressing well:
- The majority of key operational management, supervision and personnel have been recruited
- Initial mine development is complete with stockpiling of mineralized ore onto the ROM stockpile, ready for production
- The laboratory has been fully fitted out, with state of the art equipment, and is fully functional with Bureau Veritas technical personnel already mobilised to site
- The laboratory is being used in advance of production to train personnel in processing and perform ore characterisation work
Syrah Resources is also pleased to advise that the Mozambique Minister for Mineral Resources and Energy, Her Excellency, Leticia Klemens undertook a very detailed visit to the Balama operation on 26 June.
The visit focused on health and safety, environmental compliance, the mine, processing plant and infrastructure, the training and development systems in place, and the high proportion of Mozambican national employees, particularly from the local communities.
The strong commitment Syrah Resources has already shown towards social responsibility in advance of production was noted, and the minister subsequently requested Syrah Resources share the established standards and processes with other resources projects in Cabo Delgado province and nationally.