You are such a deceptive poster, Nothing like posting one small positive from their announcement, yet you failed to mention this section.
Natural graphite prices remained weak due to market disruptions caused by synthetic graphite AAM domestically and with
increasing Chinese natural graphite production. Natural graphite fines demand was fulfilled from Chinese inventory and
domestic production with natural graphite imports into China reducing significantly
Syrah undertook campaign operations in the June 2024 quarter, producing 24kt natural graphite. Balama operations were
otherwise paused, awaiting improved market demand. This approach necessitated longer run times with lower throughput.
Syrah is now seeking to further increase efficiency and manage costs through the current market conditions.
During the QTR SYR only produced 24k tonnes of graphite out of a possible production of 87k tonnes and sold a total of 10kt of graphite. they still have 24k tonnes stockpiled ath the mine, yet you are selling the unicorns that demand in increasing.
You are such a deceptive poster, Nothing like posting one small...
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