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Syrah Secures US$165M Tax Credit to Boost Vidalia Anode Expansion
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Syrah Secures US$165M Tax Credit to Boost Vidalia Anode Expansion
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
US$165 million Section 48C tax credit awarded to Syrah Technologies
Tax credit supports expansion of Vidalia AAM facility to 45ktpa capacity
Credit can be monetised or offset taxes, contingent on certification and operational milestones
Final investment decision pending based on commercial sales and financing
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