Syrah Resources announce the December Quarterly Activities and Cashflow Report. Highlights: Balama Project Construction Progress: - Development of the Balama Project remains on schedule and budget, with engineering and procurement activities significantly progressed - Commenced pre-stripping of the Balama West orebody - All principal [...]
Perth, Australia (ABN Newswire) - Syrah Resources (ASX:SYR) is pleased to announce that it has signed a Statement of Sales Intent (SSI) with Hiller Carbon LLC (Hiller Carbon - www.hillercarbon.com), a leading supplier of raw materials to North American electric arc furnace (EAF) steel producers and other customers in the paper, foundry, lime [...]
Syrah Resources is pleased to announce that it has finalised the terms of a new Employment Contract with its Managing Director, Mr. Tolga Kumova. This follows the appointment of Mr. Kumova as Managing Director of the Company, effective from 2 October 2014. Syrah Chairman, Mr. Jim Askew commented: "In the past year, Syrah has achieved numerous [...]
Syrah Resources is pleased to announce that it has signed a Statement of Sales Intent (SSI) for an offtake agreement with one of the world's largest refractory producers. Highlights: - 10 year Statement of Sales Intent signed with one of the world's largest refractory producers - This leading refractory producer intends to purchase up to 15,000 [...]
Syrah Resources vision is to be the leading supplier of superior quality graphite products, working closely with our customers and supply chain to innovate and bring enhanced value to industrial and emerging technology markets globally. - Feasibility Study confirms the world class potential of the Balama Project - Low cost producer of superior [...]
Syrah Resources is pleased to announce that it has signed a Product Sales Agreement and a Marketing Agreement with Morgan AM&T Hairong Co., Ltd (Morgan Hairong) for the sale and marketing of uncoated and coated spherical graphite domestically within China. Morgan Hairong is the second largest coated spherical graphite producer in China, with [...]
Syrah Resources is pleased to announce that it has signed an exclusive agreement with Morgan AM&T Hairong Co., Ltd (Morgan Hairong) to license its proprietary spherical graphite coating technology. Highlights: - 20 year, exclusive licensing agreement signed with Morgan AM&T Hairong Co., Ltd (Morgan Hairong) for its proprietary spherical graphite [...]
During the quarter, Syrah Resources successfully completed a fully underwritten A$211 million capital raising to advance the development of the Balama Project (Balama). Syrah is now focused on progressing development activities to ensure that the development timeline for Balama remains on track. Concurrently, Syrah is also negotiating several [...]
Syrah Resources is pleased to provide an update regarding its development and marketing activities for the Balama Project in Mozambique. Highlights: - Production from the Balama Project by Q1 2017 remains on track - Detailed engineering design is progressing as planned - Construction License has been approved and bulk earthworks for the [...]
Syrah Resources today announced the successful completion of its 4 for 19 accelerated renounceable entitlement offer, which concludes the capital raising announced by Syrah on 3 August 2015. The bookbuild of shortfall entitlements under the retail component of the Entitlement Offer (Retail Bookbuild) was conducted yesterday. A clearing price of at [...]
Syrah Resources announced a capital raising of approximately A$211 million by way of a fully underwritten institutional placement and 4 for 19 accelerated renounceable entitlement offer. As announced by Syrah on 6 August 2015, the Placement and the institutional component of the Entitlement Offer were strongly supported and raised approximately [...]
Syrah Resources is pleased to announce the successful completion of its institutional placement and the institutional component of its 4 for 19 pro rata accelerated renounceable entitlement offer. Highlights - Placement and Institutional Entitlement Offer successfully completed, raising approximately A$166 million - Strong support from existing [...]