Articles On Syrah Resources (ASX:SYR)

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...

The ASX closed lower on Friday, extending its loss to over 1% for the week Coal and energy stocks gained, while insurance stocks fell Novonix in hot water with the ASX   Local shares fell close to 1% on Friday, ending what has been a vola...

ShareCafeBiden Renewables Grant a Handy Windfall for Locals The growing entanglement of Australian companies with the global renewables business – especially in the US – has been underlined dramatically in the $US2.8 billion worth of grants...

ShareCafeTwo-day winning streak over: ASX closes down 1.02% by Lauren Hayes   Local markets halted a two-day winning streak today and not even the energy sector could lift the S&P/ASX 200, which closed 1.02 per cent or 69.40 points lowe...

ASX 200 ends 1% Small caps 1.5% Tesla, Askari, BidenRedBubble, Inflation, Jobs and Hang Seng hurt   The ASX 200 and the Emerging Companies (XEC) index fell 1.02% and 1.5% respectively on Thursday. The major miners and the IT sector weighe...

The ASX stumbles again on Thursday Aussie unemployment stays at 3.5%, a 50-year low Medibank cyber saga continues as AFP steps in Market volatility continues as local shares tumbled once again on Thursday, this time by 1.1%. The ASX has t...

The All Ordinaries Index (ASX: XAO) is down in the dumps on Thursday. But not all shares that call the benchmark index home are trading in the red. These three have defied the sell-off to trade at their highest points in years. Right now,...

Biden Administration doles out US$2.8 billion in grants to back local lithium ion battery supply chain ASX-listed Piedmont, Syrah and Novonix among the winners, sharing in US$511m ($816m) in funding PLL, SYR, NVX stock soars on the news E...

Electric car maker Tesla Inc (NASDAQ: TSLA)’s latest performance update could have a bearing on three particular ASX shares. That’s according to Stake markets analyst Eliot Hastie, who dissected Tesla’s quarterly results released on Thursd...

ShareCafeStocks of the Hour: NVX, TAR, AS2                    The big news overnight was the awarding of US$2.8 billion in grants for EV battery production from the Biden administration with the grants subject to some further negotiat...

The Syrah Resources Ltd (ASX: SYR) share price is having a strong day. In early afternoon trade, the graphite producer’s shares are up 13% to $2.13. Why is the Syrah Resources share price racing higher? There have been a few reasons for...

ShareCafeJobs data misses predictions: Aus shares 1% lower at noon by Peter Milios   The two-day rally for US equities came to an abrupt end and bond yields soared as hawkish comments from Fed officials and another round of strong earnings...

The Novonix Ltd (ASX: NVX) share price is having a sensational day after returning from a trading halt. In morning trade, the battery materials and technology company’s shares are up 26% to $2.68 Why is the Novonix share price rocketing...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

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....