Australia's Syrah Resources to raise $65 million in funding

Syrah Resources

13/03/2024 24:52

March 13 (Reuters) - Australia's graphite producer Syrah
Resources  SYR.AX  said on Wednesday it would raise A$98 million
($64.73 million) through an institutional placement and an
entitlement offer with its largest shareholder AustralianSuper. 
     

    ($1 = 1.5140 Australian dollars)

 (Reporting by Roshan Thomas in Bengaluru; Editing by Sherry
Jacob-Phillips)
 ((Roshan.Thomas@thomsonreuters.com;))