Albanese's just announce policy to buy up $1.2 Billion (in Aussie dollar value) of critical mineral resources could be a boost for Syrah. Even though the mine is not based in Australia, they are an Australian company. And graphite, along with Rare earths, colbalt, lithium, uranium and more it is critical for a strategic reserve.
All i'd like to see is the USA Government buy up a stockpile of 100,000 to 150,000 tonnes, Europian Union and South Korea and Japan. Then the Balama mine could really get cracking with producing 200,000 tonnes over the next 12 months.
AAM plants be commissioned in 2026 and they can then start buying up the graphite on market at market prices.
Add in tariffs on Chinese Synthetic Graphite (should know by end of May this year) and Syrah should rocket by end of 2025. 4th Quarter 2026, share price could be back around $1.75 or even higher.
SYR Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held
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