Syrah’s battery hopes hit US hurdle

Original article by Peter Ker
The Australian Financial Review – Page: 15 : 11-Jan-18

Australian-listed Syrah Resources is confident that it will be able to secure a new site for its proposed graphite beneficiation plant in the US. The South Tangipahoa Parish Port Commission has terminated Syrah’s lease over the site in New Orleans where it had proposed to build the plant, after local residents expressed concern about the plant’s potential impact on air and water quality. Syrah will consider other sites in the state of Louisiana, and it remains hopeful of achieving its previously-stated target for commencing production.

CORPORATES
SYRAH RESOURCES LIMITED – ASX SYR, SOUTH TANGIPAHOA PARISH PORT COMMISSION, INCITEC PIVOT LIMITED – ASX IPL, BHP BILLITON LIMITED – ASX BHP, HILL END GOLD LIMITED – ASX HEG

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