Graphite miner Triton Minerals Ltd [ASX:TON] shares plummeted on Tuesday after exiting a trading halt and updating the market on a security incident at its Mozambique mine.
Graphite producer Syrah Resources [ASX:SYR] announced a security incident took place 200 km from its Balama project in the Cabo Delgado province of Mozambique.
Graphite miner Syrah Resources [ASX:SYR] announced that the US government has conditionally committed to lend it up to US$107 million to develop an active anode material (AAM) facility in Louisiana.
Syrah Resources [ASX:LPI] has completed a $192 million capital raise to expand their Vidalia project. Syrah aims to become the first major integrated producer of natural graphite anode material that is battery ready outside of China.
We examine the latest quarterly results from Syrah Resources [ASX:SYR] and Lake Resources [ASX:LKE]. LKE and SYR shares are in focus today as the two lithium stocks released their December quarter results.
The SYR share price is currently exchanging hands at $1.23 per share, down 2.8%. 12kt of natural graphite sales from Syrah Resources Ltd’s [ASX:SYR] flagship Balama Graphite Operation in Mozambique planned to ship this month has been delayed to October 2021.
