CAPITAL MARKETS

Syrah passes huge equity raising milestone with latest graphite funding

SYRAH Resources has passed the one billion dollar-mark in equity raisings over the past 10 years, with latest funding of A$250 million slated to complete the funding of its Vidalia “active anode material” facility in Louisiana.

Vidalia test-work, USA

Vidalia test-work, USA

The build of Vidalia will make Syrah an integrated integrated graphite producer, and the preeminent supplier outside China. The latest slab of funding being raised is priced at $1.48 per new share and...

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