SYR 1.61% 31.5¢ syrah resources limited

Another article in Fastmarkets about our off-take agreement with...

  1. 5,114 Posts.
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    Another article in Fastmarkets about our off-take agreement with Tesla looking at it from a wider angle. To me it also means any alternative to a graphite anode is still a long way off. They need to deal with the here and now if they wish to accomplish their respective massive ramp ups over the next 4 years.

    Tesla-Syrah graphite deal signals OEMs taking notice of anode supply bottlenecks

    By DAVIDE GHILOTTI
    Published: Monday, 27 December 2021


    Last week’s supply agreement between Tesla and graphite producer Syrah Resources for graphite anode material signals that original equipment manufacturers (OEMs) are starting to notice the need to secure the supply of materials beyond battery cathode components.

    Under the agreement, Australia’s Syrah Resources will supply United States electric vehicles (EVs) manufacturer Tesla with natural graphite active anode material from its Vidalia production facility in the US at a fixed price for four years, starting with the first commercial production at the site.

    Syrah’s share price surged 32%...

 
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