Syrah Resources Limited - SYAAF stock
OTC Symbol: SYAAF | OTC Tier: Pink Current | Related ticker symbols: ASX: SYR
About[edit]
Syrah Resources Limited and its subsidiaries are engaged in the exploration, evaluation, and development of mineral properties in Mozambique, operating through the Balama and Vidalia segments; their primary focus is on the Balama graphite and vanadium project situated in Cabo Delgado Province, Mozambique. Additionally, the company is involved in the operation and expansion of the Vidalia active anode material facility, including a qualification facility, the construction of the Vidalia Initial Expansion project, and the evaluation of the Vidalia Further Expansion project. Their natural graphite products are sold in China, Europe, India, the Americas, and globally. The company was established in 2007 and is headquartered in Melbourne, Australia.[1]
History[edit]
Syrah Resources Limited was founded in 2007 in Melbourne, Australia. The company was established with the primary objective of exploring, evaluating, and developing mineral properties, particularly focusing on graphite and vanadium resources.[2]
Syrah Resources' early days involved identifying and acquiring promising mineral assets, conducting exploration activities, and evaluating the economic viability of potential projects. One of the key milestones for the company was the acquisition of the Balama graphite and vanadium project in Mozambique.[3]
The Balama project, located in Cabo Delgado Province, Mozambique, became the flagship project for Syrah Resources. It is a significant graphite deposit and is one of the largest graphite mines globally. The project's development and production have propelled Syrah Resources into becoming a notable player in the global graphite market.[3]
Over the years, Syrah Resources continued to advance its mining projects, focusing on the exploration, development, and eventual production of graphite and vanadium resources. The company has also expanded its operations, aiming to meet the growing global demand for these valuable minerals, particularly in the lithium-ion battery and electric vehicle industries.
- ↑ Yahoo Finance. SYAAF Stock Profile. Retrieved on 11/26/2023.
- ↑ Pitchbook. Syrah Resources. Retrieved on 11/26/2023.
- ↑ 3.0 3.1 syrahresources.com. About Our Company. Retrieved on 11/26/2023.
