http://www.asx.com.au/asx/research/company.do#!/SYR
Highlights:
Syrah has completed an Internal Economic Assessment (IEA) on the economics of the world’s
largest Coated Spherical Graphite Facility in the United States
Feedback from major electric vehicle and battery producers have indicated strong demand for
and confirmed the superior performance of Balama coated spherical graphite
Initial capital expenditure of approximately US$80 million
Annual pre-tax project free cash flows of US$104 million
Annual production of 25,000 tonnes of coated spherical graphite and 25,000 tonnes of
recarburiser by-product
Average annual cash operating costs of US$3,200 per tonne free on board for coated spherical
graphite (excluding recarburiser by-product credits)
A major anode producer has forecast spherical graphite demand to increase at a compound
annual growth rate of 26% from 2014 to 2020, to reach 133,000 tonnes per annum by 2020
Appointment of a Chief Technology Advisor to assist with the implementation of Syrah’s strategy
to produce coated spherical graphite for lithium ion battery applications
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RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
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