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Syrah fundraisings pass A$600M

Graphite producer Syrah Resources (ASX: SYR) is undertaking yet another capital raising, this time banking A$94 million from institutional investors to complete the ramp up at the Balama operation in Mozambique and for making further progress on the battery anode front in the USA.

Syrah fundraisings pass A$600M Syrah fundraisings pass A$600M Syrah fundraisings pass A$600M Syrah fundraisings pass A$600M Syrah fundraisings pass A$600M

Syrah reassured investors it remained on track to meet forecasts for the current year - albeit that was to be expected given the reduced guidance of 135-145,000 tonnes was only provided only a month

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