Syrah Resources Navigates Market Challenges and Expands Global Reach

Syrah Resources ( (AU:SYR) ) has shared an announcement.

Syrah Resources faced significant challenges in 2024 due to Chinese market conditions and political events in Mozambique and the US. Despite these hurdles, the company achieved milestones such as commencing production at its Vidalia facility and diversifying sales geographically. The company also dealt with operational interruptions due to protests in Mozambique, which were resolved by early 2025. Syrah’s strategic focus on diversifying its market and strengthening its financial position through equity raising and loans has positioned it to capitalize on the growing demand for natural graphite outside China.

The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.40 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 a company operating in the natural graphite industry, focusing on the production of active anode material (AAM) for electric vehicle batteries. The company has a significant market presence with operations in Mozambique and a commercial facility in Vidalia, Louisiana, making it the first vertically integrated producer of natural graphite AAM outside China.

Average Trading Volume: 4,353,877

Technical Sentiment Signal: Sell

Current Market Cap: A$380.4M

For detailed information about SYR stock, go to TipRanks’ Stock Analysis page.