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Syrah Hits Record 24kt Graphite Output and Raises US$72M for Growth

9:08am on Wednesday 29th of April, 2026 AEST Mining
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Syrah Hits Record 24kt Graphite Output and Raises US$72M for Growth

9:08am on Wednesday 29th of April, 2026 AEST
Key Points
  • Record 24kt graphite produced at Balama with 86% recovery
  • US$72 million equity raise completed to fund ramp-up and working capital
  • Multi-year offtake deal signed with NextSource for up to 68kt graphite
  • Vidalia AAM facility progressing customer qualification, targeting 2H 2026 sales
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