Graphite-miner Syrah Resources says Chinese market is 'volatile', moves planned maintenance forward

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

Graphite-miner Syrah Resources says Chinese market is 'volatile', moves planned maintenance forward

Syrah Resources said it sold and shipped 30kt of natural graphite during the quarter that end in March.Syrah operates its flagship Balama Graphite Operation in Mozambique and a downstream Active Anode Material Facility in the United States

The company said Chinese sales were volatile"...resulting from apparent high cell and anode inventories, with growth in global electric vehicle sales slowing to 32% in March 2023 quarter, versus the March 2022 quarter, to ~2.7 million units.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS

Business Business Latest News, Business Business Headlines