Australia's Syrah produces first ‘fully integrated’ graphite anode at its facility in the U.S.
(Kitco News) - Syrah Resources Limited (ASX: SYR) announced the first fully integrated production of active anode material at its AAM Project in Vidalia, USA, following the installation and commissioning of a commercial scale furnace.
The company said that this milestone represents a major achievement for Syrah in its strategy to become a large scale, vertically integrated producer of natural graphite AAM. Thermal treatment of coated anode precursor in a furnace is the final stage of processing natural graphite to produce an anode material for direct use in lithium-ion batteries, Syrah explained.
According to the company's statement, Syrah's wholly-owned and integrated spherical, purification and furnace operation at Vidalia, which uses natural graphite from Balama graphite operation in Mozambique, is the only vertically integrated and commercial scale AAM supply source outside China.
Managing Director and CEO Shaun Verner commented, "Syrah is committed to becoming a preeminent, large scale supplier of natural graphite AAM. The fully integrated production of on-specification AAM at Vidalia confirms our position as the most progressed vertically integrated natural graphite AAM supply option outside of China for USA and European battery makers and OEMs."
Syrah Resources is an Australian Stock Exchange listed industrial minerals and technology company with its flagship Balama graphite operation in Mozambique and a downstream battery anode material project in the United States.