VIDALIA, La. (AP) — Australian graphite producer Syrah Resources has selected a Louisiana site for a $25 million manufacturing processing facility, creating 25 new direct jobs.
The Natchez Democrat reports Gov. John Bel Edwards and the Melbourne-based firm announced the selection of a Vidalia site for a graphite processing facility in a press release Monday.
The new jobs will have an average salary of $60,000. Louisiana Economic Development estimates the project will also result in 30 new indirect jobs.
News outlets report the facility will process graphite from Syrah’s Mozambique production operation into a component for lithium-ion batteries, focused on the growing electrical market.
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Syrah Technologies CEO Paul Jahn says the raw material will be shipped to the Port of New Orleans and trucked to the Vidalia facility for processing.