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Hat-trick of big US funding for market-maligned Syrah

HEADLINE US government-backing of Syrah Resources is now nearing US$500 million after the graphite company today reported an up-to $150 million conditional loan commitment for the Balama operation in Mozambique.

Michael Quinn
Balama, Mozambique

Balama, Mozambique

The funding from the United States International Development Finance Corporation board of directors is flagged to be for feasibility studies around the development of Balama's vanadium resource, Balama's...

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