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Syrah Resources Enters MOU with Samsung SDI to Evaluate Natural Graphite Supply for Lithium-Ion Batteries — ASX:SYR| ASX Mining News & Discussion
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Lykeshares Official
$SYR Syrah Resources Enters MOU with Samsung SDI to Evaluate Natural Graphite Supply for Lithium-Ion Batteries
Syrah Resources Limited (ASX:SYR) has announced a non-binding memorandum of understanding (MOU) with Samsung SDI Co., Ltd. (KRX: 006400) to assess the supply of natural graphite active anode material (AAM) from Syrah's Vidalia AAM facility in Louisiana, USA. Samsung SDI, a leading global manufacturer of lithium-ion batteries, will collaborate with Syrah to test and qualify the Vidalia AAM and work towards finalizing a binding offtake agreement by July 2024.

Advancing Vidalia AAM Facility

The MOU between Syrah Resources and Samsung SDI focuses on expanding the production capacity of the Vidalia AAM facility. Once the expansion project is complete, the facility will have a production capacity of 45,000 metric tons per annum (ktpa) of AAM. The companies plan to commence the off-take agreement for up to 10,000 metric tons per annum of AAM from Vidalia starting in 2026.

Supporting the Growing EV Market

With the rapid growth of the electric vehicle (EV) market, there is ...
Syrah Resources Enters MOU with Samsung SDI to Evaluate Natural Graphite Supply for Lithium-Ion Batteries

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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?