Environmental and Social Impact Assessment for Syrah Balama Graphite Min Pr (DFC-SYRAHBALAMA)

  • Mozambique
Geographic location where the impacts of the investment may be experienced.
Specific Location
Namuno District, Cabo Delgado Province
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Syrah Resources Ltd.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Mining
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Feb 24, 2023

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to project documents: 

The Project is a brownfield mine operation located in the district of Namuno in Cabo Delgado Province of northern Mozambique, approximately 265 km by road west of the port town of Pemba. The Project consists of an open pit graphite mine, with a mine life of approximately 50 years, and an onsite processing facility, which include  crushing, grinding, flotation, filtration, drying, screening, and bagging. Syrah plans to upgrade the operation in 2022 to achieve production of up to 350,000 tpa of graphite concentrate. Proceeds from the DFC support would be used to finance (i) expansion of the tailings storage facility (the “TSF”), (ii) working and sustaining capital, and (iii) studies related to the construction and development of a vanadium (another critical mineral) processing facility from the mine tailings in the U.S. The Project required the acquisition of approximately 400 hectares of mostly agricultural lands (machambas).

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

According to Bloomberg, Syrah Resources Limited is a mineral exploration company. The Company's projects provide exposure to graphite, vanadium, mineral sands, copper, coal and uranium.
Twigg Exploration and Mining Limitada is its fully-owned subsidiary operating in Mozambique.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Syrah Resources Ltd Client Mining
- - - - Twigg Exploration and Mining Limitada Subsidiary Mining

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Project contacts not available at the time of disclosure.

Location of Local Access to Project Information (i.e., ESIA):

1. Balama Graphite Operation
Address: Balama Mine Camp Administration Building, Balama, Cabo Delgado, Mozambique

Provincial Department of Environment- Serviços Provinciais do Ambiente
Address: 3 R Jeronimo Romero, Pemba, Cabo Delgado, Mozambique

National Directorate of Environment
Address: Rua de Resistência no 1746/7, Maputo,

Implementing company - Twigg Exploration and Mining Limitada:

Address: Millennium Park Buikding, Vladimir Lenine Avenue, N. 174, B, 5th floor, Maputo, Mozambique
Email: twigg.admin@syrahresources.com.au
Phone: (+258) 21 422 814
Website: www.twigg.co.mz

Parent company - Syrah Resources Ltd:

Address: Level 7, 477 Collins Street, Melbourne VIC 3000, Australia
Email: enquiries@syrahresources.com.au
Phone: +61 3 9670 7264
Website: www.syrahresources.com.au


Unlike many other development finance institutions, DFC does not currently have an access to information policy.

Under the United States Freedom of Information Act (FOIA), DFC is obliged to respond to reasonably formulated requests for Agency records. However, DFC may apply exemptions from release to certain types of information and may charge fees in responding to requests. DFC has a designated FOIA officer who is trained in how to respond to requests and implement the law. You can learn more about filing a FOIA request at: https://www.dfc.gov/foia


The Office of Accountability is an independent office that addresses complaints about environmental or social issues related to DFC-supported projects. The office provides communities an opportunity to have concerns independently reviewed and addressed. If you submit a complaint to the Office of Accountability, it may assist you by either seeking to address your problems by facilitating a problem solving dialogue between you and those implementing the project and/or investigating whether the DFC complied with its policies to prevent environmental, social, human rights, and labor harms.

You can find more information about the Office of Accountability at: https://www.dfc.gov/who-we-are/office-accountability

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How it works