The UK plant could easily replicate the 45kt US Expansion once complete and provide natural AAM for the nascent European battery factories being established by the large Korean manufacturers (LGES, POSCO).
I see the USA tax credits as a way of encouraging another investor to join and complete the Vidalia expansion project with added synergies and expertise. I don’t think Syrah will do it in house.
But yes agree - Syrah needs some earned dollars to start flowing in.
Cheers
DYOR IMO
SYR Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
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