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Syrah Group Reports Q2 Results: Lower Natural Graphite Sales, Advancing Vidalia Expansion — ASX:SYR| ASX Mining News & Discussion
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Lykeshares Official
$SYR Syrah Group Reports Q2 Results: Lower Natural Graphite Sales, Advancing Vidalia Expansion
Syrah Group (ASX: SYR) has released its Quarterly Activities Report for the three months ending June 30, 2023. The report detailed an apparent high cell and anode inventories at the volatile Chinese anode market, even as global electric vehicle sales grew 55% in Q2 2023 compared to the same period in 2022, reaching approximately 3.4 million units. Meanwhile, natural graphite sales were lower, with only 15kt being sold and shipped to third party customers and 2kt being shipped to Vidalia.

Production from the Balama site was constrained by maximum inventory positions and lower natural graphite sales. The Company produced 15kt at Balama at 78% recovery in April 2023 and paused production in May and June 2023. Balama C1 costs (FOB Nacala/Pemba) also suffered and reached US$565 per tonne in April 2023, impacted by volume and diesel price.

However, Syrah is making strides in other areas and is progressing the second offtake agreement ...
Syrah Group Reports Q2 Results: Lower Natural Graphite Sales, Advancing Vidalia Expansion

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?