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Syrah Advances Vidalia Qualification While Pausing Balama Production and Raising $72M

9:34am on Thursday 23rd of July, 2026 AEST Mining
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Syrah Advances Vidalia Qualification While Pausing Balama Production and Raising $72M

9:34am on Thursday 23rd of July, 2026 AEST
Key Points
  • Balama graphite production deferred to Q3 2026 with 2.3kt output
  • 7kt graphite sold at US$736/t amid challenging market conditions
  • Vidalia produced 150t anode material for final customer qualification
  • Completed US$72 million equity raise to fund production ramp-up
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