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Syrah Resources Limited (ASX:SYR)

ALERT: Price-sensitive ASX Announcement for SYR
Current share price for SYR : $0.105 -0.14 (-57.14%)+
Announcement
Release
5 May 2025 8:28AM
Price at Release
$0.245
Full Release
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Summary
Syrah Resources Limited announced that access to its Balama Graphite Operation in Mozambique has been restored following the resolution of protest actions that had previously blocked site access. A formal agreement was established between local farmers, the Mozambique Government, and the company, leading to the majority of protestors discontinuing their actions. Government authorities have since removed the remaining illegal protestors, allowing Syrah to mobilize its teams for operational support and maintenance. Updates on the resumption of operations and product shipments are expected shortly.
Key Points
  • Balama site access has been restored
  • Protests at the Balama Graphite Operation have been cleared
  • Formal agreement reached with local farmers and the Mozambique Government
  • Company is mobilizing teams for support and maintenance
  • Updates on operations and shipments will be provided soon
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.