News on the near horizonPretty sure that Syrah will finally be in the black come January. I believe results come out around the end of the month.
Everyone seems to be looking at lithium even though battery grade graphite is equally required.
China has been the only source of natural graphite that has been refined for use as anode material relatively speaking.
Syrah Resources looks to be a good 3 to 5 years ahead of the pack of would be competitors ex China,
plus they have a huge resource (50 years anyway at 350 kta). They can sell all the concentrate they can produce, but margins are not anything to get excited about. The larger margins will hit the bottom line when the annode material mfg. plant in LA comes on line in '23.
Happy New Year Everbody