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Australia's Syrah Resources secures loan waiver amid Mozambique unrest

ReutersJan 6, 2025 11:01 PM

- Australia's Syrah Resources SYR.AX said on Tuesday it has secured a waiver for default events under its United States International Development Finance Corporation loan of $150 million, granting it relief following operational disruptions at its Balama Graphite operation in Mozambique due to ongoing nationwide protests.

(Reporting by Kumar Tanishk in Bengaluru; Editing by Tasim Zahid)

((Tanishk.Kumar@thomsonreuters.com;))

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