CAPITAL MARKETS

Downstream, Louisiana-bound Syrah eyes debt

EMERGING graphite heavyweight Syrah Resources is aiming to develop a downstream processing plant in the US state of Louisiana as it seeks to capitalise on the burgeoning and lucrative battery materials market.

Michael Quinn
Downstream, Louisiana-bound Syrah eyes debt

The potential 60,000 tonne per annum battery anode material (BAM) plant possibly costing in the order of $US125-160 million will likely be built in stages, potentially beginning at about 20,000tpa in 2018....

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