graphite

Syrah Resources has announced the installation of a furnace at its Active Anode Material Project in Vidalia, USA, which enables Active Anode Material (AAM) production using natural graphite from Syrah’s Balama graphite operation in Mozambique.

This represents a significant milestone for Syrah on its path to becoming a vertically integrated producer of natural graphite AAM, as production from the furnace is the final stage in the processing of natural graphite for use in lithium-ion batteries.

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Purified spherical graphite (anode precursor), produced and coated at Vidalia, was toll treated to AAM in Q4,2020 to accelerate product qualification. Syrah will use the furnace installed at Vidalia for fully integrated AAM production for ongoing product qualification, which is an iterative process of product testing with potential customers.

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Syrah MD and CEO Shaun Verner said:

“In our view, this milestone further positions Syrah as the most progressed ex-China option for vertically integrated supply of natural graphite AAM for USA and European battery makers and OEMs.

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“We have been very encouraged by initial feedback from in progress product testing and qualification processes. Syrah remains on track to become an important supplier of natural graphite AAM to ex-Asia markets.”

Syrah is progressing detailed design on the initial expansion of production capacity at Vidalia. A Final Investment Decision for the construction of a 10 ktpa AAM facility at Vidalia is planned during H2,2021, subject to end customer commitments and strategic / financial partnerships.