How many did they complete from last year, easy to say, harder to deliver, maybe you should have maybe it will happen:
Syrah is committed to building on its achievements and capitalising on its competitive advantage in 2024 to cement its leading position in the global natural graphite and AAM markets. The Company’s core focus in 2024 is: • Improving Balama’s sales composition to achieve higher and more stable utilisation of Balama’s production capacity, reducing unit costs; • Progressively increasing throughput of its 11.25ktpa AAM Vidalia facility whilst increasing process consistency, ensuring product quality and maintaining safety; • Completing qualification of the 11.25ktpa AAM Vidalia facility processes with target customers; • Commencing commercial AAM sales from the 11.25ktpa AAM Vidalia facility including under an offtake agreement with Tesla, Inc; • Progressing offtake agreements and DOE loan financing process, and preparing the Vidalia Further Expansion project for FID readiness; and • Continuing to develop options to further accelerate capacity expansion in the graphite and anode supply chain.
SYR Price at posting:
27.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)