Syrah Resources Ord Shs 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 Ord Shs

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Post by MaterialsManon Feb 04, 2024 11:23am

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Post# 35861869

Are they blowing smoke?

I was reading up on graphite demand.
According to Macquarie, natural graphite is expected to be in deficite beginning this year.
A different investor news outlet is suggesting that one million tons of anode material will be required by U.S. battery manufacturers alone. That would supposedly result in a 23 billion dollar market.
If these predictions materialize, then Syrah could be to natural graphite and annode material what ALB is to lithium and its dowstream products.
That would make SYAAF the buy of the decade. Trouble is that a lot of these predictions never come true.

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Two micro-cap stocks with strong fundamentals