Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Syrah Resources ( (AU:SYR) ).
Syrah Resources announced an extension of the cure date for an alleged default under its offtake agreement with Tesla for supplying natural graphite active anode material from its Vidalia, Louisiana facility. The new cure date is set for January 16, 2026, with a final qualification deadline of February 9, 2026. This extension allows both companies to collaborate on resolving the issue, potentially impacting Syrah’s operations and its positioning within the battery materials industry.
The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Syrah Resources stock, see the AU:SYR Stock Forecast page.
More about Syrah Resources
Syrah Resources Limited is an industrial minerals and technology company listed on the Australian Securities Exchange. It operates the Balama Graphite Operation in Mozambique and an Active Anode Material Facility in the United States. The company aims to be a leading supplier of high-quality graphite and anode materials, serving battery and industrial markets.
YTD Price Performance: 57.22%
Average Trading Volume: 6,793,957
Technical Sentiment Signal: Hold
Current Market Cap: A$458.7M
Learn more about SYR stock on TipRanks’ Stock Analysis page.