Syrah Secures Additional DFC Loan Disbursement

Syrah Resources Limited (ASX: SYR) has announced that its subsidiary, Twigg Exploration and Mining Limitada, has received a further US$6.5 million disbursement under its loan agreement with the United States International Development Finance Corporation (DFC). The funds will be directed towards working and sustaining capital requirements for the Balama Graphite Operation in Mozambique, which remains central to Syrah’s global graphite production strategy. Looking ahead, the company is planning an additional disbursement of US$4.5 million in October 2025, pending the restructuring of the existing DFC loan.

The total loan facility allows for commitments of up to US$75 million; however, future drawdowns remain conditional upon the completion of restructuring and new terms set for the September 2025 quarter. Syrah has cautioned that there is no certainty surrounding further disbursements, underscoring the importance of successfully negotiating revised loan terms to ensure ongoing operational and financial stability.

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