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Syrah Resources Secures US$11.7 Million Tax Credit Under Inflation Reduction Act
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Syrah Resources Secures US$11.7 Million Tax Credit Under Inflation Reduction Act
Syrah Resources Limited (ASX: SYR) has announced that its wholly-owned subsidiary, Syrah Technologies LLC, has received a US$11.7 million direct payment from the US Internal Revenue Service. This payment represents the company’s first Advanced Manufacturing Production credit under Section 45X of the Inflation Reduction Act (IRA). Syrah (ASX code: SYR) is an Australian Securities Exchange listed industrial minerals and technology company with its…
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