Mozambique’s Balama Graphite Plant Restarts Amid Global Battery Demand

Syrah Resources has resumed full-scale operations at its Balama graphite plant in northern Mozambique, following a temporary shutdown earlier this year caused by logistics disruptions and market volatility. The restart comes as global demand for graphite—essential for lithium-ion batteries—continues to climb.

The company confirmed that:

• The plant is now operating at 85% capacity, with full output expected by October
• New offtake agreements have been signed with battery manufacturers in South Korea and Germany
• Mozambique’s government is supporting the restart with improved road access and customs facilitation.

Balama is one of the world’s largest natural graphite deposits, and its revival is seen as a key milestone in Africa’s contribution to the global energy transition.

Syrah is also exploring downstream processing options to produce battery-grade anode material locally, which could further enhance Mozambique’s role in the electric vehicle supply chain.