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Syrah Resources completes BFS for expansion of US anode material production

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(Spherical graphite being an intermediate product based on raw material natural flake graphite feedstock that is the precursor to anode material manufacture.). Syrah expects the operating costs of the 10ktpy plant to be US$3,149/t, with the ramp up to 40ktpy dropping that to US$2,704/t.

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

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If finalized, this would be the first loan from LPO’s Advanced Technology Vehicles Manufacturing (ATVM) program since 2011 and the first from the ATVM loan program to a materials-processing facility. The remaining capacity is expected to be sold to other auto and EV battery manufacturers. million EVs by 2040. Earlier post.)