Syrah Resources Limited: Appoints Non-Executive Director

Melbourne - Syrah Resources Ltd. (ASX:SYR) is pleased to announce the appointment of Dr. Christina Lampe-Onnerud as a Non-Executive Director of the Company.

Dr. Lampe-Onnerud is a USA-based authority in battery system innovation and design, with 20 years of experience in the research and development and commercialization of lithium-ion battery technologies for consumer electronics, electric automotive and energy storage applications.

Among her accomplishments, Dr. Lampe-Onnerud founded Boston-Power Inc. (Boston-Power), a developer of high-energy, cost-effective, longer lasting and safer battery "building blocks" that could be deployed into the portable electronics, transportation and utility energy storage markets. Recognizing the tremendous opportunity for its technology and products, GSR Ventures led a $125 million dollar (US) funding round in the company in 2011. Subsequently, Boston-Power dedicated its focus to China, where today its batteries are used in thousands of vehicles across that country.

Most recently, Dr. Lampe-Onnerud serves as Chairman and Chief Executive Officer of Cadenza Innovation LLC, an early stage company she founded to developed high-performance, low cost battery technologies. In that role, she oversees a global patent portfolio while leading partnerships with major global electric drive and energy storage suppliers.

Previous career highlights of Dr. Lampe-Onnerud include:

- Lauded as a Technology Pioneer by the World Economic Forum Technology, she has been similarly honored by prestigious organizations that include from the Massachusetts Institute of Technology, The Wall Street Journal, TED, Time Magazine, The Cleantech Group, The Swedish Royal Academy of Engineering Sciences and the Swedish Association of Environmental Managers

- Member of the Senior Management team at Bridgewater Associates LP, the world's largest hedge fund with US$160 billion in assets under management

- Recruited as one of the youngest partners at Arthur D. Little, an international management consultancy firm, to lead its battery laboratories where she defined strategies for top chemical and battery organizations and directed high-profile market evaluations

- Director and Senior Scientist at Bell Communications Research where prototypes for the first lithium-ion batteries were developed from thin-film polymers and the first practical process for their manufacture.

Dr. Lampe-Onnerud has a Bachelor's Degree in Chemistry and Calculus, and a PhD in Inorganic Chemistry from the University of Uppsala in Sweden, which was followed by Post-Doctoral work at Massachusetts Institute of Technology in the US.

Chairman Jim Askew commented: "We are delighted with the addition of Dr. Lampe-Onnerud to the Board of Syrah. Christina's extensive technical knowledge and commercial experience in the lithium-ion battery sector adds a skill directly relevant to our strategy of the addressing supply of Balama spherical graphite to the lithium-ion battery industry."

Dr. Lampe-Onnerud commented: "I am excited to join the Board of Syrah Resources as it grows into a large, dependable key materials supplier as well as a partner to innovators and manufacturers in the lithium-ion battery market world-wide. Fueled by the new energy paradigm involving energy storage for electricity and transportation markets, this global industry will experience unprecedented growth for many years to come."


About Syrah Resources Ltd:

Syrah Resources (ASX:SYR) is an Australian resource company that is rapidly progressing its flagship Balama Graphite and Vanadium Project in Mozambique to production. The Project hosts the largest graphite ore reserves in the world with an Australasian Joint Ore Reserves Committee (JORC) compliant Ore Reserve of 81.4 Mt at 16.2% total graphitic carbon. Balama is a 110 km2 granted Mining Concession located within the Cabo Delgado province in the district of Namuno in northern Mozambique. The Project is approximately 260 km by road west of Pemba and is accessible by a sealed, main road, running directly from Pemba Airport. The Port of Nacala is approximately 490 km by road south east of the Project and is the deepest port in Southern Africa.



Contact:

Tolga Kumova Managing Director
Syrah Resources Ltd.
Office contact: +61-3-9670-7264
Mobile contact: +61-421-707-155
Email: t.kumova@syrahresources.com.au