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Syrah Resources Declares Force Majeure as Balama Protests Halt Production
9:15am on Thursday 30th of January, 2025 AEDT
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Mining
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Syrah Resources Declares Force Majeure as Balama Protests Halt Production
9:15am on Thursday 30th of January, 2025 AEDT
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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