Original article by Brad Thompson
The Australian – Page: 16 : 14-Jan-25

Australian-listed Syrah Resources has advised that it will receive an additional $US165m in tax credits via the Biden adminstration’s Inflation Reduction Act. The tax credit could be used to help finance an expansion of the graphite producer’s active anode material plant at Vidalia in Louisiana. Syrah declared "force majeure" on graphite production in Mozambique in December due to civil unrest near its Balama mine; the company also revealed that it was in default on loans from two US government agencies.

CORPORATES
SYRAH RESOURCES LIMITED – ASX SYR