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.

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Syrah Resources Ltd

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Post by MaterialsManon Dec 21, 2022 9:33pm

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Post# 35186196

News on the near horizon

Pretty 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

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