you missed the good bit about Project Blue expecting SYR to increase production and establish new supply routes. It was in the last paragraph
Over the past years, the majority of Syrah’s material has been exported to Chinese AAM producers as battery-grade graphite feedstock and the Balama mine has been operating below its nameplate capacity of 350ktpy. At Project Blue, we expect Syrah to increase its production output and establish new supply routes, including graphite markets in North America and Europe. In Q1 2024, the company commenced production at its 11.25ktpy natural graphite AAM Vidalia facility in Louisiana, USA becoming the first vertically integrated Western graphite operation. Furthermore, the company is currently progressing with a US$350M loan from the US Department of Energy to fund its Vidalia further expansion project (45ktpy AAM) and plans on developing a downstream AAM facility in Europe.
you missed the good bit about Project Blue expecting SYR to...
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Last
45.5¢ |
Change
0.015(3.41%) |
Mkt cap ! $390.3M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 46.0¢ | 44.0¢ | $653.4K | 1.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 62411 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 63363 | 5 |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
45.5¢ |
Change
0.015 ( 3.39 %) |
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| Open | High | Low | Volume | ||
| 45.0¢ | 46.0¢ | 44.5¢ | 501721 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| SYR (ASX) Chart |