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Syrah Resources Ltd SYAAF

Syrah Resources Limited is an Australia-based industrial minerals and technology company with its flagship Balama Graphite Operation in Mozambique and a downstream Active Anode Material Facility in the United States. The principal activities of the Company include sales of natural graphite and ongoing development of logistics, sales, and marketing arrangements with targeted customers. Its segments include Balama and Vidalia. The Balama segment is engaged in the production, distribution and sale of natural flake graphite from the Balama Graphite Operation in Mozambique. The Vidalia segment is engaged in the operation and expansion of the Vidalia AAM facility including operation of a qualification facility, the construction of the Vidalia Initial Expansion project, evaluation of the Vidalia Further Expansion project, customer engagement and commercial negotiations, and research and development. Its subsidiaries include Twigg Exploration and Mining Limitada, Syrah Plus LLC and others.


OTCPK:SYAAF - Post by User

Post by MaterialsManon May 04, 2024 7:28am
49 Views
Post# 36022997

Thank you -Treasury Dept

Thank you -Treasury DeptLooks as if Janet Yellen & Co. are hellbent on singlehandedly destroying the ex-China graphite industy from getting off the ground.
It just announced that they are reversing course, and  lifting the ban on Chinese graphite products or something to that effect. They even came up with a way to rationilize the decision. Unbelievable !!!
How is anyone supposed to make sound investment decisions when the government can change its policies on a whim?

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