Syrah Resources LimitedASX: SYR

Sales Agreement with Zhanjiang Juxin New Energy Materials

· Issued by Syrah Resources Limited

Filed with ASX · · 1 page · English

Summary by 6ix AI

Syrah Resources Limited has signed a binding sales agreement with Zhanjiang Juxin New Energy Materials for the supply of natural graphite from its Balama operation. The agreement involves the delivery of a specified quantity of graphite in the upcoming year, although other terms remain confidential. This contract highlights the demand for Syrah's natural graphite in battery anode applications, particularly in the electric vehicle market. Syrah's Balama project is positioned to be a leading global producer of high purity graphite, with significant production targets set for the near future.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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