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Syrah Nets US$11.7m Tax Credit Boost for Vidalia Anode Facility
11:01am on Thursday 11th of September, 2025 AEST
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Mining
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Syrah Nets US$11.7m Tax Credit Boost for Vidalia Anode Facility
11:01am on Thursday 11th of September, 2025 AEST
Key Points
US$11.7 million direct payment received under Section 45X tax credit
Credits linked to Vidalia AAM facility’s 11.25ktpa production capacity
Estimated annual credits of US$7-9 million before phased reduction from 2030
Funds restricted but may offset Vidalia operating costs with DOE approval
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