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Syrah Resources Limited (ASX:SYR)

ALERT: Price-sensitive ASX Announcement for SYR
Current share price for SYR : $0.110 -0.125 (-53.19%)+
Announcement
Release
12 Feb 2026 9:14AM
Price at Release
$0.235
Full Release
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Summary
Syrah Resources Limited announced the finalization of antidumping and countervailing duty (AD/CVD) rates of at least 160% on Chinese graphite active anode material (AAM) imports by the US Department of Commerce. These measures, pending a final determination by the US International Trade Commission, are set to apply for a minimum of five years. The investigation, which Syrah's subsidiary joined, targets imports sold at unfairly low and subsidized prices. Dumping margins of 102.72% and 93.5% were set for certain exporters, and a 67% subsidy rate was determined. These measures are expected to strengthen Syrah's market position and potentially accelerate sales from their Vidalia facility.
Key Points
  • AD/CVD rates of at least 160% on Chinese AAM imports finalised by the US Department of Commerce
  • AD/CVD measures will apply for a minimum of five years subject to final determination by the US International Trade Commission
  • Syrah Technologies LLC, a subsidiary of Syrah Resources, joined the petition with the North American Graphite Alliance
  • The investigation addresses graphite AAM imports from China sold at unfairly low and subsidised prices
  • DOC set a final China-wide dumping margin of 102.72% and a dumping margin of 93.5% for certain exporters
  • DOC also set a final subsidy rate of approximately 67% to countervail subsidies from the Chinese government
  • Measures will apply to all natural and synthetic graphite AAM products and subassemblies imported from China
  • If affirmed, AD/CVD measures are expected to improve Syrah’s competitive position and lead to earlier sales commencement from the Vidalia facility
  • Improved demand for Vidalia AAM and Balama natural graphite as feedstock for non-integrated facilities outside China
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.