Articles On Syrah Resources (ASX:SYR)

The ASX closed higher on Wednesday Corporate earnings were the focus as BHP, Origin Energy and Beach Energy gave updates Lithium stocks climbed once again   The ASX 200 has at last managed to scrape together two winning days in a row, as...

Highlights:  Graphite is a widely used industrial element. Graphite also plays a key role in battery manufacturing. Graphite is a naturally occurring element which has multiple uses in our daily lives. The element is needed to prod...

Pilbara Minerals sells 5,000t of lower grade (5.5%) spodumene for a record $US35.5m via Battery Material Exchange “We could see a bit of an M&A frenzy with producers like Pilbara, Allkem and IGO looking to secure strategic assets of sc...

The ASX closed flattish on Thursday Medibank reported suspected network breach Key US inflation report awaits   The ASX 200 index closed flat on Thursday with gains in Financials offsetting losses in Real Estate stocks. Banks once again c...

Syrah Resources (SYR) begins restarting operations at its Balama operations in Mozambique, with production and logistics movements recommencing shortlyIt comes after a strike organised by a small group of employees interrupted company opera...

Graphite producer Syrah Resources [ASX:SYR] said a restart of operations at its Balama project in Mozambique is underway with employees and contractors returning to the site. The post Syrah Resources’ Balama Operations to Resume appeared fi...

Gold drops 1.1% to US$1668/oz overnight, investors shrug their shoulders MACA enters Thiess fold after mega contractor hits compulsory acquisition threshold Dalrymple Bay to up returns to investors after inking deal to lift terminal charge...

The ASX drops 0.80% with 10 out of 11 sectors in the red Australia outperforms US and UK markets year-to-date The mythical soft landing may or may not be in sight, CBA sort of says   Aussie shares dropped 0.80% today, with a whopping 10 o...

China will extend its dominance in cathode production, increasing market share from 78% in 2022 to 87% in 2030: Benchmark And yet this will mostly be from Tier 3 producers, which currently do not supply EV market Tier 1 production — those...

Way to bury the lede. Leonora gold miner Red 5 (ASX:RED) has hit up the market for some $60 million in fresh equity at 16c, a 15.8% discount to its last traded price of 19c per share in a hunt for working capital and cash to expand and dril...

The ASX was up by 1.8% on Thursday This follows a rally on Wall Street overnight following BoE’s decision to buy back UK bonds Aussie inflation climbed 6.8% YoY in August   The ASX 200 climbed 1.80% on Thursday on the back off BoE-trigger...

Syrah Resources (ASX: SYR) has halted operations at its Balama graphite mine in Mozambique over ‘illegal industrial action’ taking place at the site involving workers and contractors. The company exited a trading halt on Monday after confir...

World Overnight SPI Overnight 6483.00 + 17.00 0.26% S&P ASX 200 6469.40 – 105.30 – 1.60% S&P500 3655.04 – 38.19 – 1.03% Nasdaq Comp 10802.92 – 65.00 – 0.60% DJIA 29260.81 – 329.60 – 1.11% S&P500 VIX 32.26 + 2.34 7....

Benchmark set to end the day down 1.5% Small caps smashed down 4.2% Greenwing up 70% on Chinese investment   Look. No-one likes Monday’s except possibly the last four or five Prime Ministers. I definitely sense S Morrison and K Rudd and c...

The ASX has extended its losses on Monday on risk-off sentiment Energy and Mining led the losses Two CEOs departed today   After losing 4% last week, the ASX retreated another 1.45% to a 3-month low on Monday as a fresh round of risk aver...

Graphite player Syrah Resources [Syrah] emerged from a trading halt on Monday, disclosing its Balama operations in Mozambique have been hampered by ‘illegal industrial action’. The post Syrah Resources [ASX:SYR] Falls 20% on ‘Illegal Indust...

The Syrah Resources Ltd (ASX: SYR) share price is deep in the red today amid the company advising of what it calls “illegal industrial action” at its graphite operation in Mozambique. Shares in the graphite miner and battery anode develope...

ASX shares are down again today. The S&P/ASX 200 Index (ASX: XJO) is currently in the red by 1.31%. Yet expert investors are scouring the market for opportunities. One of these is Andrew Mitchell from Ophir Asset Management, which runs...

The S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a sizeable decline. In afternoon trade, the benchmark index is down 1.3% to 6,490.7 points. Four ASX shares that are falling more than most are listed below. Here’s...

Highlights Australian share market opened lower on Monday. The ASX 200 index opened 33.20 points, or 0.50% lower at 6,541.50. The benchmark has shed 2.65% in past five days. Australian share market opened lower on Mond...

ASX 200 down 1.6% Small caps short 1.3% Real Estate stocks hit ahead of FOMC meet   The benchmark killed Tuesday only to find its very own number was up today. The ASX 200 has spent the session retracing yesterday’s 1.3% gains – driven b...

The Australian market closed at a two-month low as shareholders showed little appetite for risk heading into a national public holiday, a long weekend in Victoria and a US rate rise. The S&P/ASX 200 slumped 106 points or 1.56 per cen...

Aussie shares fell to two-month lows after selling on Wall Street encouraged investors to trim their exposure ahead of tonight’s Federal Reserve rates call.   The S&P/ASX 200 sagged 90 points or 1.33 per cent to 6716. The reversal un...

The Syrah Resources Ltd (ASX: SYR) share price won’t be tumbling lower with the market today. That’s because prior to the market open, the graphite producer requested a trading halt. Why is the Syrah share price halted? This morning Sy...

Lithium stocks keep powered the materials sector with prices pushing higher beyond 500,000RMB for lithium carbonate in China Bulk metals and coal also heavily bought as China’s latest Covid lockdown unwinds   Miners pulled out two from tw...

The ASX rallied on Tuesday Lithium stocks led again, extending yesterday’s gains The Fed will convene for the first of its two-day meeting later tonight Local shares surged 1.30% on Tuesday on the back of Mining and Energy sectors. Lithiu...

The ASX 200 closed Monday 0.15% lower Lithium stocks rally Link Administration rejects new takeover offer   The ASX 200 drifted 0.01% lower on Monday, extending its 2% loss last week and sending the index to a two-month low. This came des...

The outlook for ASX graphite stocks is very positive. While graphite consumption has historically been driven by the steel market, rapid growth in EV production is expected to drive a big uptick in demand and pricing over the next few years...

The ASX 200 regains yesterday’s losses as Energy stocks lift the bourse Aussie unemployment rate inches higher Xi-Putin meeting in focus   Energy stocks led the ASX higher today as the benchmark index recovered some of yesterday’s losses....

The Lynas Rare Earths Ltd (ASX: LYC) share price is suffering. It’s down around 5%, while the S&P/ASX 200 Index (ASX: XJO) has been hit by a 2.43% loss at the time of writing. What’s causing today’s painful selloff? The key reaso...

Investor sentiment for rare earths stocks is flying There is about 750g of magnet rare earths on every EV motor, about 2 tonnes in offshore wind turbines  EVs, wind turbines are exponential growth sectors Our High Voltage column wraps all...

ASX lithium shares are surging to new heights amid the world’s transition to electric vehicles. Some companies, such as Latin Resources Ltd (ASX: LRS), are up as much as 300% year to date. One downside of the share price increases for lith...

Rio Tinto faces fresh opposition to US$3.3b Mongolian copper deal, with another dissident Turquoise Hill shareholder emerging Miners prosper as mood turns bullish on commodities   Best of luck to Rio Tinto (ASX:RIO), which is staring down...

The ASX extends its 1% gain last week by another 1% on Monday Miners lead as commodity prices rally US CPI ahead tonight   The ASX tracked last Friday’s rally on Wall Street’s and jumped 1% straight out of the gates this morning. The inde...

The ASX rallies further after remarks from RBA Governor Philip Lowe Lowe says the pace of rate hikes could slow down Tyro Payments rejects takeover bid   The ASX 200 surged in the afternoon following a speech from RBA Governor, Philip Low...

Australian shares face selling pressure following losses in the US after upbeat economic data sharpened expectations for another jumbo rate hike this month. US treasury yields ripped higher, pressuring borrowing-dependent growth stocks....

As interest rates rise, the stocks that drove portfolios last decade are falling out of favour. Many experts are warning that high-growth technology ASX shares will not produce the same dizzying returns as they did in the days of near-zero...

The new week looks likely to start where the old one finished, with share prices under pressure following losses in the US. Wall Street closed out a third straight losing week with further falls on Friday as on-target job figures failed...

Tom Bleakley, BW Equities BUY RECOMMENDATIONS Syrah Resources (SYR) Syrah is the biggest graphite producer on the ASX. Graphite makes up about 20 per cent of the weight of a lithium-ion battery. Graphite is a critical mineral for the transi...

ASX lithium miners are raking it in, a trend set to continue for a while yet CATL’s new batteries travel an impressive +1,000km between each charge Last week’s top ASX performers: Anson, White Cliff, Dart Mining  Our High Voltage column w...

The ASX fell by 2% on Monday  Global risk-off sentiment was sparked by Fed Chairman’s comments on Friday Aussie retail sales at fresh record levels   Risk assets fell globally, spooked by Jerome Powell’s Jackson Hole speech on Friday. Sha...

Ford cuts 3,000 jobs within operations that build internal combustion engine vehicles to focus on EV push  Arcadia releases 560% increase to resource at Bitterwasser Project Latin Resources first pass ‘sighter’ metallurgical test work retu...

Ford slashes 3,000 jobs as shift to EVs gathers pace At least 2 significant producers in Sichuan have suspended lithium production, while another has halved output due to the heatwave-driven powercrunch: Fastmarkets Last week’s top ASX per...

ShareCafeNew US Legislation a Game-Changer for Renewables Those chasing rewards from renewables such as lithium aren’t quite sure what to make of the latest US legislation called The Inflation Reduction Act of 2022 – other than to know it w...

Emerging semi-solid battery technology uses a lot more lithium; battery metal shortfall may hamper rollout Are weakening cobalt prices about to get a boost? ASX lithium stocks bouncing back as more evidence emerges of long term supply shor...

Evolution Energy (EV1) enters a trading halt ahead of an upcoming capital raise There are currently no details to the market on how much the company is aiming to raise or where the funds will be spent Under the halt, EV1 shares will be pau...

A three to five-year “structural bull market” for ASX mining shares and commodities is yet to play out. That’s according to energy, mining, and commodities expert Ben Cleary, who manages listed investment company (LIC) Tribeca Global Natu...

Syrah Resources (SYR) receives a US$102 million (A$145.9 million) binding loan from the US Department of Energy (DOE) The loan is for the initial expansion of Syrah’s Vidalia active anode material facility in Louisiana to a 11,250 tonnes...

The Syrah Resources Ltd (ASX: SYR) share price is rocketing today after the graphite miner obtained a binding loan facility from the US Department of Energy (DOE). The loan, of A$146 million (US$102 million), is for financing the initia...

ASX is set to open higher on Thursday The US Fed raises key rate by 75bp Fed Chair Powell says the US economy is not in a recession Local shares are set to rise on Thursday and at 8am AEST, the ASX 200 August futures is pointing up by 0.9...