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Syrah Resources completes BFS for expansion of US anode material production

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Vidalia vertically integrated with Balama presents a unique value proposition: scale; independence and localization with USA battery production; critical mineral security; and ESG auditability back to the graphite source. Location of Vidalia and planned/existing battery production capacity in the US.

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DOE offers conditional commitment for $107M loan to Syrah graphite-based anode material project

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Proceeds from Syrah’s fully underwritten institutional placement and pro rata accelerated non-renounceable entitlement offer completed earlier this year are sufficient to fund fully the remaining US$165 million of estimated installed capital costs of the Vidalia Initial Expansion project. Earlier post.). Earlier post.)

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF). Source: BNEF.

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