SYR 2.94% 52.5¢ syrah resources limited

Thanks for the post. It's interesting to know how the Chinese...

  1. klu
    737 Posts.
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    Thanks for the post.
    It's interesting to know how the Chinese graphite mines going. The mine (China Graphite Group Ltd, 75% owned by the chairman) is a provide mine and produced 159kt in 1H 2023 (vs SYR's 41kt in Q1 and 15kt in Q2). It's good to see that they are actually loss-making, too. Do not know how many graphite mines in China. If a large provide mine are loss-making, I would think most of the mines are losing money - a unsustainable situation. Still think it's a good time to accumulate and hold.
 
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