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Syrah Resources Declares Force Majeure as Balama Protests Halt Production

7:03pm on Monday 2nd of June, 2025 AEST Mining
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Syrah Resources Declares Force Majeure as Balama Protests Halt Production

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Balama graphite mine production halted due to protests, force majeure declared
  • Vidalia Active Anode Material facility progressing with US$165 million tax credit awarded
  • Global EV sales grew 35% in December 2024 quarter, boosting graphite demand outlook
  • Oversupply and low pricing pressures persist in Chinese synthetic graphite market
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