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Syrah Resources Navigates Balama Disruptions Amid Strong Cash and Growth Prospects
9:21am on Thursday 30th of January, 2025 AEDT
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Mining
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Syrah Resources Navigates Balama Disruptions Amid Strong Cash and Growth Prospects
9:21am on Thursday 30th of January, 2025 AEDT
Key Points
Balama mine production halted due to protest actions, force majeure declared
Vidalia AAM facility progressing with customer qualification, commercial sales pending
Strong cash balance of US$87 million supports operations and expansion plans
US$165 million Section 48C tax credit awarded for Vidalia expansion project
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Syrah Resources (ASX:SYR)
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