Bullboard - Stock Discussion Forum 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... see more

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Syrah Resources Ord Shs > Are they blowing smoke?

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Post by MaterialsMan on Feb 04, 2024 11:23am

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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