SYR 8.16% 22.5¢ syrah resources limited

Ann: March Quarterly Activities Presentation, page-125

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    Exclusive - U.S. seeks to challenge China's electric-vehicle supply chain dominance
    This caught my eye
    A U.S. senator plans to introduce legislation on Thursday to streamline regulation and permitting requirements for the development of mines for lithium, graphite and other electric-vehicle supply chain minerals, part of a plan to offset China’s dominance in the space
    and
    While Tesla Inc, Volkswagen AG and other electric-focused automakers and battery manufacturers are expanding in the United States, they are reliant on mineral imports without a major push to develop more domestic mines and processing facilities.
    This step if adopted should see Vidalia plant move to expand it current capabilities Potential to expand capacity in the future in line with BAM strategy which states
    Developing a Commercial BAM Plant to supply the battery anode market with an initial 20ktpa Louisiana, Commercial Plant for a 60ktpa capacity, using proven technology and processes
    With President Trump committed to creating manufacturing jobs in the USA , SYR is well placed to take advantage of opportunities flowing from any leglislation

 
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