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Syrah Resources Limited

22/11/2022

Syrah is currently by far the largest graphite resource miner. The company operates the Balama mine in Mozambique. Syrah has off take agreements with Chalieco for 80 ktpa for three years, and with Marubeni for 50,000 tonnes of (spherical) graphite per annum contracts are subject for regular renewal. Syrah also is planning a spherical graphite processing plant in the US. This will allow Syrah to increase gross profit margin significantly.

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