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Syrah Resources Ltd. is an Australian resource company that is rapidly progressing its flagship Balama graphite and vanadium project in northern Mozambique, which hosts one of the world's largest resources in both commodities. A mining license was granted in December 2013, and completion of a definitive feasibility study is expected in Q1 2015. The project is ~260km by road west of Pemba, and is accessible by a sealed main road running directly from Pemba Airport. The Port of Nacala is ~460km by road southeast of the project, and is the deepest port in southern Africa.