The report is boring and contains nothing new. We are eager to hear updates about Tesla's AAM and the confirmation of when Balama will resume operations.
Syrah is committed to capitalising on its competitive advantage in 2025 to cement its leading position in the global natural graphite and AAM markets. In 2025, Syrah is focused on: • Resuming Balama operations and natural graphite production, and ensuring enduring community benefit and support; • Achieving higher and more stable utilisation of Balama’s production capacity, reducing unit costs; • Commencing large-scale fines sales to 3rd party AAM facilities outside of China; • Progressively increasing AAM production at Vidalia AAM facility, ensuring product quality and maintaining safety; • Completing qualification of the Vidalia AAM facility with customers; • Commencing commercial AAM sales from Vidalia; • Preparing for a final investment decision on the Vidalia Further Expansion project; and • Continuing to develop options to further accelerate capacity expansion in the graphite and anode supply chain.
SYR Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held
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