Australia's Syrah Resources hits 5-week high on anode material production

Syrah Resources

09/02/2024 01:00

** Shares of Syrah Resources  SYR.AX  rise as much as 16.7%
to A$0.630, their highest since Jan. 4
    ** Diversified miner commences Active Anode Material (AAM)
production at its Vidalia facility in Louisiana, USA
    ** Co is now the first commercial-scale, vertically
integrated natural graphite AAM supplier outside China
    ** About 9.4 mln shares change hands, 1.5x the average
30-day vol
    ** Stock down 4.6% YTD

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))