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Syrah Resources ( (AU:SYR) ) has issued an update.
Syrah Resources has successfully commenced loading a significant breakbulk shipment of natural graphite at Pemba port, Mozambique, following the resumption of production at its Balama Graphite Operation. This marks a crucial step in restoring operations after site access was regained in May 2025, with the company planning further shipments to the USA by the end of September 2025. The removal of the force majeure declaration under the Mining Agreement signifies a return to normal operations, potentially strengthening Syrah’s market position and reassuring stakeholders of its operational stability.
The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.30 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 Australian Securities Exchange listed company specializing in industrial minerals and technology. It operates the Balama Graphite Operation in Mozambique and has a downstream Active Anode Material Facility in the United States. The company aims to be a leading supplier of high-quality graphite and anode material products, focusing on adding value in battery and industrial markets.
Average Trading Volume: 4,617,626
Technical Sentiment Signal: Hold
Current Market Cap: A$380.4M
See more data about SYR stock on TipRanks’ Stock Analysis page.