Articles On Syrah Resources (ASX:SYR)

ShareCafeThe Unsung Hero of the EV Battery There is, by weight, 7-10 times more graphite than lithium in a lithium-ion battery, making it the largest component. Little surprise then, that global demand for graphite is expected to grow seven...

ASX 200 gained 1% on Wednesday Australian CPI came in at 7.3%, up from 6.9% Lithium miners led the proceedings today    The ASX 200 surged by around 1% on Wednesday despite higher than expected CPI figures. The ABS said that Australia’s i...

RBC Capital Markets has upped its 2023 gold forecast, but sees downside to current prices Analyst Alex Barkley says gold remains an important strategic investment allocation against market risks like the war in Ukraine NST, BGL, RRL and SB...

The ASX down by 0.30% on Tuesday Iron ore miners pare gains as China clamps down on speculation Jerome Powell will speak tonight   The ASX 200 lost 0.30% on Tuesday as the biggest three sectors – Energy, Mining and Financial – took a tumb...

The ASX rose in a broad brushed rally Fortescue’s CFO of 13 years quit Australian and US CPI will be due for release later this week   The ASX extended gains in a broad brushed rally on Monday, with 9 out of 11 sectors finishing in the gr...

ShareCafeDecarbonisation and the Energy Transition   Perennial Partners Portfolio Manager and Resources Analyst Sam Berridge discusses price caps on coal and gas, the energy transition, and decarbonisation opportunities for 2023. Tim McGow...

The ASX had its first positive day of gains in 2023 Tesla could still be overpriced despite a 70% fall – expert US Fed meeting minutes due out tonight   The ASX recorded its first day of gains for the year as financial and tech stocks led...

Core Lithium ready to ship ore to China, with first shipment loaded Green Critical Minerals confirms 160km long rare earths trend in the NT Critical Resources to acquire Gullwing-Tot Lakes property in Canada   Our High Voltage column wrap...

It’s Monsters or Mouse, our annual parade of ASX mining stocks who joined the half-a-billion AUD club (or got booted) in ’22. Despite trying market conditions a handful of miners, explorers and contractors caught the attention of investors...

The final trading week of 2022 got off to a negative start as gains in resource stocks were outweighed by declines across the broader market. The S&P/ASX 200 dropped 21 points or 0.3 per cent to a second straight loss. Energy prod...

Aussie shares fell for a second day as gains in resource stocks and utilities were outweighed by declines across the wider market.   A brief 17-point opening rally on the S&P/ASX 200 gave way to a mid-session loss of 20 points or 0.2...

After yesterday’s pre-Chrimbo spend-up, SPI Futures are down 66 points (-0.38%) this morning, threatening to wipe out yesterday’s 41-point gain. That’s on the back of some good/bad, depends-on-your-worldview news out of the US that data con...

The Syrah Resources Ltd (ASX: SYR) share price is on course to end the week in a positive fashion. In morning trade, the graphite producer’s shares are up 1.5% to $2.31. Why is the Syrah share price rising? Investors have been bidding th...

The ASX has broken a losing streak with the S&P/ASX 200 closing up 1.20% Gold miners Silver Lake Resources, Evolution Mining lead the gainers The ACCC announces it will block the TPG Telecom and Telstra infrastructure deal   Markets a...

Lithium stocks dragged the ASX lower today Inflation expectations fall in Australia Aussie unemployment steady at 3.4%   Lithium miners dragged the mining sector lower today as the latest auction on BMX exchange suggests that spodumene pr...

Local shares finished higher ahead of the Fed rates call tonight Energy and gold stocks led Binance sees massive withdrawals   Local shares joined Wall Street in the green, up by 0.60%, as traders await the Fed’s rates decision later toni...

Mincor rattles tin for $60 million to advance development of ‘Golden Mile’ nickel discovery AVZ starts legal proceedings against Dathomir over Manono stake sale Iron ore threatens US$110/t after Vale guidance drop Mincor Resources (ASX:MC...

The ASX slipped another 0.5% today Tech stocks dragged shares lower, tracking movements on Wall St overnight Australia GDP rose by just 0.6%, missing forecast   Tech stocks dragged local shares lower on Wednesday as recession worries jolt...

The ASX tracked New York higher on the first day of the trading month Last night, Fed Chair Jerome Powell signalled a more dovish approach to rates SBF said he didn’t try to commit fraud   The ASX rose on the first trading day of the mont...

The Magnis Energy Technologies Ltd (ASX: MNS) share price leapt 8% higher today amid a media report that the company is seeking funding to expand its lithium-ion battery plant in New York. The Magnis Energy share price reached an intra...

The ASX rose 0.4% on Wednesday Australia’s headline inflation in October unexpectedly fell Fed Chair Jerome Powell will speak tonight   Shares rose 0.40% on Wednesday as investors react to the softer inflation numbers. The ABS’ new monthl...

Morgan Stanley bears warn lower Chinese demand could hit lithium prices in 2023 New US plant to double Yank cathode production by 2027 as customer General Motors plots electric makeover Top ASX battery metals stocks this week: NiCo Resourc...

Iron ore miners led the ASX on Tuesday China protests have eased as regulators loosen rules for local property developers Australian consumer confidence up again The ASX rose marginally on Tuesday as gains in iron ore prices pushed mining...

A decline in the stock market doesn’t mean you necessarily have to lose money Retail investors are not allowed to open a short-selling broker account in Australia But there is a handful of long-short and short-only funds available on the A...

The ASX hits a 6-month high today Mining rose while energy stocks lag on falling oil prices Evolution Mining rises on assay results   Local shares hit a six-month of high on Thursday after rising by 0.3%, the third consecutive day of gain...

The ASX rallied by 0.60% on Wednesday  Qantas issued an upbeat earnings guidance RBNZ lifted rates by a jumbo 75 basis points   The ASX had a broad rally on Tuesday, up 0.60%, as local investors reacted to the buoyant mood on Wall St over...

ShareCafeOil bounces off lows as Disney shares support Dow                    Stocks fell Monday in a volatile session to start a short trading week due to the Thanksgiving holiday. Fears that China may again ramp up Covid restriction...

Highlights: Graphite is used in lithium-ion batteries, which are used in renewable energy storage, electric vehicles, and mobile electronics. As per Magnis Energy Technologies, the demand for lithium-ion batteries is set to grow expone...

On Monday, Syrah Resources [ASX:SYR] was forced to temporarily suspend operations at its Mozambique graphite site over ‘security concerns’ in the Namuno district, 50 km away from its Balama operation. The post Syrah Resources [ASX:SYR]: Sec...

The ASX gave up early gains as last week’s fierce global share rally showed signs of losing momentum.   The S&P/ASX 200 touched a five-month high before fading to a loss of 12 points or 0.16 per cent. The decline came as Asian mar...

Syrah Resources (SYR) over the weekend suspended operations at its Balama graphite operation due to “security concerns” in the nearby Namuno district in MozambiqueThe company took the precautionary measures following a security review on No...

The share market touched a five-month high before shedding its gains as a decline in US futures undermined a China-fuelled rally in resource stocks. The S&P/ASX 200 rallied to within four points of 7200 for the first time since June....

Nov 14 (Reuters) - Syrah Resources: * BALAMA UPDATE * INFORMED OF SECURITY CONCERNS IN NAMUNO DISTRICT AROUND 50 KMS FROM BALAMA GRAPHITE OPERATION * CO TOOK PRECAUTIONARY MEASURE OF TEMPORARILY SUSPENDING BALAMA OPERATIONS * MOVED MAJORITY...

Nov 14 (Reuters) - Syrah Resources: * BALAMA UPDATE * INFORMED OF SECURITY CONCERNS IN NAMUNO DISTRICT AROUND 50 KMS FROM BALAMA GRAPHITE OPERATION * CO TOOK PRECAUTIONARY MEASURE OF TEMPORARILY SUSPENDING BALAMA OPERATIONS * MOVED MAJORITY...

Highlights Australian shares opened higher on Monday. The ASX 200 gained in the opening trade, rising 25.20 points, or 0.35%, to 7,183.20. On Friday, the benchmark index closed 2.8% higher at 7,158 points. Australian s...

Ask A Fund Manager The Motley Fool chats with the best in the industry so that you can get an insight into how the professionals think. In this edition, Maple-Brown Abbott portfolio manager Phillip Hudak digs up the ASX share that (somewha...

The ASX dropped 0.5% on Thursday Origin Energy gets takeover offer, shares up 35% Key US inflation report scheduled tonight   Aussie shares fell 0.50% on Thursday as hopes of a quick Chinese recovery turn sour. Overnight, Wall St fell aro...

Energy transition metal ETFs a way for retail investors to get exposure to a variety of future-facing metals and stocks Examples on the ASX include CLNE, GMTL, XMET This week’s top battery metals stocks: Trek Metals, Winsome Resources Our...

Lithium juniors continue to make solid gains as market for battery metals stays strong Commbank mining guru pours cold water on China reopening rumours Energy stocks down, miners indifferent as gas and coal intervention dominates national...

ASX 200 up 0.3% on Tuesday US midterms elections tonight James Hardie crashes following Q2 update   Aussie shares were steady on Tuesday, riding on the back of Wall St’s strong session overnight. US stocks rose 1% across the board, largel...

The All Ordinaries Index (ASX: XAO) is back in the green today, driven high by three shares posting new multi-year highs. Right now, the benchmark index is up 0.3% at 7,110.5 points. Meanwhile, these ASX All Ordinaries shares have gained a...

ASX resources shares have been lively throughout 2022 as commodity prices have boomed. The sector has been one of the few areas of the market where ASX shares are actually making gains. Here we look at the three best-performing ASX resou...

The ASX up 0.54% with 6 out of 11 sectors in the green RBA raises forecasts for inflation, again, expects peak in mid-2023 CBA chief economist says need to closely watch statements from listed companies   After following in the footsteps...

Local shares close 0.20% higher ahead of Fed meet The FOMC will hand down its rates decision tonight Coal stocks outperform on Wednesday Aussie shares inched higher on Wednesday by 0.2% as investors await the Fed’s monetary policy decisio...

It’s ironic how Australia is often happily referred to as “the lucky country”. One reason it is described as such is due to the nation’s abundance of natural resources. You can visibly see it on the ASX, where mining companies dominate in...

Highlights The S&P/ASX 200 closed marginally up on Thursday (27 October 2022), gaining 41.40 points or 0.61% to close at 6,852.30 points. Nine out of eleven sectors ended higher. Energy sector lead the gains as it closed 2.34% up,...

Syrah Resources (SYR) resumes unrestricted logistics movements and mining and processing operations at its Balama graphite operation in MozambiqueThe company says the resumption of the operation comes with “the full complement of the compan...

ShareCafeS&P Smiles Upon First Albanese Budget Australia’s AAA stable credit rating will survive the first budget/financial statement from the Albanese ALP government if the immediate reaction from ratings group S&P Global is any in...

ShareCafeIT and Materials lead the way: ASX finishes 1.54% higher by Peter Milios   All sectors finished in the green to start the week, with some big results from Australian electric vehicle companies. The ASX companies that were amongst t...

The ASX 200 starts the week with a bang Materials surge has investors beaming China learns a brutal lesson about leadership from Hong Kong It’s the end of the day, and we’re all clearly super-happy because it’s been a positive run for Aus...