Syrah Resources (ASX:SYR) has announced the extension of its US supply chain support through binding offtake agreements for Balama natural graphite with Graphex and Westwater.

In addition to this, the company is also negotiating further Balama natural graphite commercial supply arrangements with ex-China anode processing and downstream companies.

With these strategic moves, Syrah Resources is targeting 100,000 tons per annum (TPA) Balama fines sales to third-party AAM customers ex-China from 2026.

Syrah Resources is a company specializing in mining and producing natural graphite.