SYR

1.96%

26.0¢ syrah resources limited

News: SYR Tesla supplier Syrah expects more graphite buys ahead of China export ban, page-23

First 23 Last

Share
Profile

Follow
santo.nath

478 Posts.

35

26/10/23

18:59

Post #: 70561543
Share

Originally posted by Proga: ↑

when do you think they will ramp up balama? - I thought Balama would come close to 350ktpa this year before the Chinese turned to cheap low quality synthetic because of the price wars. Not knowing how the China bans will turn out, the wests response or when the Chinese turn back to natural because of ESG, high power usage causing black-outs etc, it's hard to tell. There is just too many known unknowns and unknowns.

A couple of scenarios are if the wests response is go hard building AAM plants which you can build quicker than mines, Balama can start ramping slowly from producing 10kt/mth in 12 months (campaign runs in the mean time) to full production in 4yrs. Some AAM plants are already being built. If the Chinese back off and switch back to a 40:60 natural/synthetic mix, Balama can begin ramp up to full production the day after it happens.

Battery manufacturing has increase in GWh terms by 40% from last year. That's 40% more natural AAM required at last years mix rate. Output from Chinese mines hasn't increased by 40%. Battery manufacturing will continue to grow. Maybe not at the same growth rates but grow it will. The US and EU giga plants start coming online in numbers next year if they can secure the graphite.

will balama be ever profitable? - It was last month during the campaign run. Continuity and economy of scale will increase the margins

when will vidialia come to production for 11.25kpta? - full production between 12 and 18 months. Closer to 12 if the US want to throw manpower and lab time at it. It's time consuming calibrating all the mills and shapers. Every batch needs testing, then recalibrating and testing again until they get it right. There are a lot of mills and shapers to calibrate.

Then there is the purity, an acid wash to get the impurities out of the SPG, carbon coating and baking in the furnace. You can commission the purity, coating and furnace with the first SPG rejects from the shaping which aren't quiet right but close. Purifying, coating and baking is the easy bit.

SYR have enough cash on hand plus a reserve to get to first sales.

Expand

appreciate your response @Proga

SYR Price at posting: 66.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

The winners & losers on market if negative gearing were gone

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

There are more pages in this discussion • 1 more message in this thread...

First 23 Last

Add SYR (ASX) to my watchlist

(20min delay)
Last 26.0¢		Change 0.005(1.96%)		Mkt cap ! $269.0M

Open	High	Low	Value	Volume
26.5¢	27.0¢	25.3¢	$1.651M	6.334M

Buyers (Bids)

No.	Vol.	Price($)
3	124242	25.5¢

Sellers (Offers)

Price($)	Vol.	No.
26.0¢	54541	2

View Market Depth

No.	Vol.	Price($)
2	26242	0.255
11	493812	0.250
7	178703	0.245
14	493507	0.240
7	153250	0.235

Price($)	Vol.	No.
0.260	54541	2
0.265	199499	5
0.270	158743	8
0.275	447100	10
0.280	341420	9

Last trade - 16.10pm 27/09/2024 (20 minute delay)

SYR (ASX) Chart

News: SYR Tesla supplier Syrah expects more graphite buys ahead of China export ban, page-23

The winners & losers on market if negative gearing were gone

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

ACCC seeks Olam divestments before it can buy Namoi Cotton

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

News: SYR Tesla supplier Syrah expects more graphite buys ahead of China export ban, page-23

Top Stories

The winners & losers on market if negative gearing were gone

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

ACCC seeks Olam divestments before it can buy Namoi Cotton

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News