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.

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.

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.

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.

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.

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.

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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