Syrah Resources gains most in over a month, resumes Mozambique site production

Syrah Resources

19/06/2025 04:37

** Shares of Syrah Resources Ltd SYR.AX rise as much as 11.5% to A$0.29, marking their biggest intraday pct rise since May 12

** Shares touch their highest level since June 12

** SYR stock currently up 6.7% to A$0.2775, as of 0305 GMT

** The miner recommences natural graphite production at its flagship Balama Graphite Operation in Mozambique

** Operations at the site were disrupted since mid-December 2024, with SYR announcing force majeure, attributing the halt to civil unrest following general elections in Mozambique

** SYR shares up 26.8% this year, including session's gains

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com;))