Articles Tagged "Syrah Resources"

Syrah Resources and Chalieco Unable to Finalize Final Offtake Amounts of Vanadium

Vanadium – Syrah Resources (ASX:SYR) provided an updated on its MOU with Chalieco signed in March 2014. Syrah was not able to lock in an offtake on a specified amount of vanadium with Chalieco within three months of signing the MOU, due to a lack in data. A draft Scoping Study has already been received and is currently undergoing review by Syrah’s technical team. Both parties expect an offtake agreement to be concluded once these issues are worked through and final offtake amounts are finalized.

Syrah Resources Signs Offtake Agreement with Asmet Limited for 100,000-150,000 tonnes graphite per annum

Graphite – Syrah Resources (ASX:SYR) signed a Memorandum of Understanding for an offtake agreement with Asmet (UK) Limited (Asmet) for 100,000 – 150,000 tonnes of graphite per annum at a price of approximately US$1,000 per tonne. Asmet (UK) Limited is a European trader of metallurgical consumables (including carbon) to the iron, steel and aluminium industries.