Overview

Syrah Resources (“Syrah” or “the Company”) 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. Syrah’s vision is to be the world’s leading supplier of superior quality graphite products, working closely with customers and the supply chain to add value in battery and industrial markets.

 

Balama: A Tier 1 Asset

• Long life asset, with over 50 years of mine life¹ and 350kt per year of graphite concentrate production capability²
• Balama is the largest integrated natural graphite mine and processing plant globally as measured by annual flake concentrate production capacity
• Balama’s large Reserve and Resource allows for future plant expansion, potentially representing a low capital intensity option to meet incremental future graphite demand

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Exposure to High Growth Lithium-ion Battery Markets

• Long life asset, with over 50 years of mine life¹ and 350kt per year of graphite concentrate production capability²
• Balama is the largest integrated natural graphite mine and processing plant globally as measured by annual flake concentrate production capacity
• Balama’s large Reserve and Resource allows for future plant expansion, potentially representing a low capital intensity option to meet incremental future graphite demand

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Positive ESG Profile

• Natural graphite has superior environmental credentials compared to synthetic graphite which is derived from oil refining and coal by-products
• Leading practice standards applied with ISO:45001 Occupational Health and Safety Management Systems and ISO:14001 Environmental Management Systems certification at Balama

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Uniquely Positioned to Supply Anode Material to ex-Asia End User Markets

• Anode battery supply chain currently concentrated in Asia, with 100% of anode precursor material manufactured in China
• BAM project value added processing of flake graphite to active anode material by Syrah is enabled by long mine life at Balama
• Syrah’s downstream processing site in Louisiana (USA) aims to provide an alternate to existing Asia supply chain for battery anode supply, able to serve growing USA and Europe markets

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Vanadium Optionality at Balama

• Balama contains a significant vanadium by-product Resource which presents a potential value-accretive opportunity that Syrah will advance through Pre Feasibility Study
• Vanadium, a by-product which is liberated during the graphite production process, could potentially be refined into a saleable product (V₂O₅)³ via processing of material currently reporting to tailings at Balama