Deals and financing (5)

1. 2026-03-25 · Equity investment · announced

   U.S. International Development Finance Corporation → Syrah Resources · Balama graphite mine and Vidalia anode plant

   DFC proposed converting part of its Balama loan into Syrah common equity, rolling the rest into a convertible loan note and adding new money for Balama's liquidity, with warrants for further equity.

   official release

2. 2026-03-02 · Offtake · signed

   NextSource Materials → Syrah Resources · Balama Graphite Operation

   Syrah signed a conditional seven-year binding offtake to supply Balama natural graphite fines to NextSource for its planned anode facility in Abu Dhabi.

   official release

3. 2025-02-24 · Offtake · signed

   Lucid Group → Syrah Resources · Vidalia active anode material facility

   Lucid agreed to buy about 7,000 tonnes of natural graphite active anode material from Syrah's Vidalia plant in Louisiana over three years from 2026.

   official release

4. 2024-03-01 · Offtake · signed

   POSCO Future M → Syrah Resources · Balama Graphite Operation

   Syrah signed a binding six-year offtake with anode maker POSCO Future M for natural graphite fines from Balama in Mozambique.

   official release

5. 2023-10-05 · Government loan · signed · US$150 m

   U.S. International Development Finance Corporation → Twigg Exploration and Mining Limitada (Syrah Resources) · Balama graphite operation

   DFC committed a USD 150 million loan to Syrah's Mozambican subsidiary Twigg to support graphite mining and processing at Balama.

   official release