Syrah Resources to raise $65m for Mozambique, US projects
Australia’s Syrah Resources said on Wednesday it would raise A$98 million ($64.73 million) through a placement and an entitlement offer for funding its Balama graphite operations in Mozambique and its US-based Vidalia project.
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Syrah Resources inks offtake deal with Posco Future M
Australia’s Syrah Resources said on Friday it will supply natural graphite product from its Balama graphite operations in Mozambique to South Korean chemical and battery material maker Posco Future M.
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Syrah pins hopes of mine restart on end of China supply glut
Mining News Pro - Syrah Resources Ltd., the biggest graphite producer outside China, anticipates demand for the key battery material will return as Chinese inventories shrink, allowing the Australian firm to restart its flagship African mine.
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Syrah Resources signs graphite supply deals with US firms
Mining News Pro - Syrah Resources Ltd said on Thursday it had executed agreements with two US-based companies for the supply of graphite from its Balama operations in Mozambique.
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US finalizes $102.1m loan to Syrah Resources for Louisiana plant
Mining News Pro - The US Energy Department said on Wednesday it had closed a $102.1 million loan to Syrah Technologies LLC for expansion of a facility that produces graphite-based active anode material, a key component for lithium-ion batteries.
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Visit: 435
Syrah Resources suspends movement on key route after attacks in northern Mozambique
Mining News Pro - Syrah Resources said on Thursday there were insurgent attacks near its Balama graphite operations in northern Mozambique, which prompted the Australian miner to preemptively suspend movement on a key transport route.
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Visit: 677
Syrah Resources gets $107m loan for Louisiana EV battery plant
Mining News Pro - The U.S. Department of Energy is lending $107 million to graphite miner Syrah Resources Ltd to build an electric vehicle battery parts facility in Louisiana, the first loan in more than 10 years from the department’s Advanced Technology Vehicles Manufacturing (ATVM) funding program.
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Syrah Resources to expand Louisiana graphite processing facility
Mining News Pro - Australian industrial materials firm Syrah Resources will expand its Louisiana facility to process graphite used in electric vehicle batteries, U.S. state agency Louisiana Economic Development said on Tuesday.
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Syrah gets first quarter under its belt
Mining News Pro - Graphite miner Syrah Resources produced 5 000 t of natural graphite at its Balama operation, in Mozambique, during the three months to March, as production was restarted during the quarter.
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Syrah to resume Balama operation
Mining News Pro - Syrah Resources is set to restart production at the Balama graphite operation in Mozambique as local COVID-19 restrictions begin to ease.
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Visit: 531
Syrah cuts jobs in Mozambique
Mining News Pro - Graphite miner Syrah Resources on Thursday said that it would reduce the headcount at its Balama operation, in Mozambique, by 65% in an effort to preserve cash.
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Visit: 704
Fall in Chinese demand halts Syrah supply
Mining News Pro - Declining demand from China during the March quarter has seen graphite miner Syrah Resources reporting declines in both production and sales for the three months under review.
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Visit: 211
Syrah achieves production record at Balama graphite project
Mining News Pro - Syrah Resources has cemented its comeback from production issues last last year by posting a monthly record in March 2019 at the Balama graphite project in Mozambique, southeast Africa.
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Visit: 879
Syrah begins commercial production at Balama
Mining News Pro - Syrah Resources has started commercial production at the Balama graphite operation in Mozambique, southeast Africa, following a review of its monthly metrics.
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Visit: 876