Syrah Resources Limited (ASX: SYR) is a graphite supplier and is mainly involved in construction and development of the Balama Graphite Project in Mozambique. Balama is considered to have the world’s largest graphite resource. The group also deals in sales and marketing arrangements with targeted customers while high quality graphite is expected to be used for production of battery anode material and other industrial products. Further, the group is into development of downstream, battery anode material strategy. The group believes that the downstream processing of graphite concentrate can offer a great upside for shareholder returns. The group also believes that the natural graphite re-carburisers that are the by-products of key production process can offer various other growth opportunities.

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