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Syrah Resources Ltd SYAAF

Metals & Mining Industrial Metals & Minerals Graphite
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

Syrah Resources Ltd > Could be not so good news
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Comment by MaterialsManon Feb 12, 2024 12:44pm
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Post# 35875771

RE:Could be not so good news

RE:Could be not so good newsI have no way to fact check the following, but I believe it to be a reliable news source.
The EV industry has already found a way to skirt the non conforming battery materials issue.
There is supposedly a loop hole (if you want to call it that) allowing full exemption for leased EVs.
The article suggested that leasing is way up as a result.
In the meantime, it sure is nice to see the SP reversing its dowward movement.
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