Syrah Resources LimitedASX: SYR

Tesla offtake alleged default resolved

· Issued by Syrah Resources Limited

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Syrah Resources Limited has announced the resolution of an alleged default regarding its offtake agreement with Tesla, Inc. Tesla has acknowledged that Syrah is producing conforming samples of active anode material and has made sufficient progress to address the default. The agreement remains in effect, although Tesla retains the right to terminate it if final qualifications are not met.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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