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Syrah Res Ltd (PK) SYAAF


Primary Symbol: SRHYY

Metals & Mining Graphite
Syrah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Australia, China, Europe, India, the Americas, and internationally. It operates through Balama and Vidalia segments. The company’s flagship project is the Balama graphite; and vanadium project located in Cabo Delgado Province, Mozambique. It also involved in the operation and expansion of the Vidalia active anode material facility; construction of the Vidalia Initial Expansion project; and evaluation of the Vidalia Further Expansion project. Syrah Resources Limited was incorporated in 2007 and is headquartered in Melbourne, Australia.


PINL:SRHYY - Post by User

Syrah Res Ltd (PK)
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  • MaterialsManX
Post by MaterialsManon Mar 25, 2024 10:16am
156 Views
Post# 35950570

Problemo

ProblemoHate to say it, but if this company didn't have bad news, it would have no news.
Year end report just came out, and the new issue involves an oversupply of synthetic graphite AAM.
Never mind that it creates 4X as much polution as natural graphite AAM, (who really cares), but I don't know if synthetic AAM material from China is on the list of banned materials listed in the Inflation Reduction Act.
It does not seem to be a very pretty picture.
Hope I get proven wrong.
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