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Syrah Resources Limited SYAAF

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0.04 USD 0.00 (+4.76%)

At closeNov 5, 2026, 4:00 PM EST

0.0365 Day range 0.045

0.0365 52-week range 0.247

YTD: -80.87%
1 year: -79.44%

Discussion (1)

Member SYAAF Oct 30, 2024 2 years ago #1

Syrah Resources Provides US$150m DFC Binding Loan for Balama

30/10/2024 10:00AM

Syrah Resources provided that US$150m (A$227m) binding loan agreement executed with US International Development Finance Corporation ("DFC"). DFC loan will fund capital requirements at the Balama Graphite Operation and is aligned with the US Government's commitment to support development in Africa. First DFC loan to a graphite operation, demonstrating the importance of Balama to bolstering US supply chain security for critical minerals. Initial disbursement of the DFC loan is expected to be completed in November 2024. US$150 million DFC binding loan for Balama