Stocks of the Hour: Noble Helium, E79 Gold Mines, Syrah Resources
A snapshot of the stocks on the move, featuring Noble Helium (ASX:NHE), E79 Gold Mines (ASX:E79) and Syrah Resources (ASX:SYR).
Read MoreA snapshot of the stocks on the move, featuring Noble Helium (ASX:NHE), E79 Gold Mines (ASX:E79) and Syrah Resources (ASX:SYR).
Read MoreSyrah Resources (ASX:SYR) has announced progress on its flagship Balama operation in Mozambique and the Vidalia Active Anode Material facility in the US.
Read MoreA snapshot of the stocks on the move, featuring NOVONIX (NASDAQ:NVX, ASX:NVX), Syrah Resources (ASX:SYR) and Ava Risk Group (ASX:AVA).
Read MoreA snapshot of the stocks on the move, featuring Syrah Resources, DigitalX and Alma Metals.
Read MoreA snapshot of the stocks on the move, featuring Next Science (ASX:NXS), Talon Energy (ASX:TPD) and Syrah Resources (ASX:SYR).
Read MoreThere is, by weight, 7-10 times more graphite than lithium in a lithium-ion battery, and yet rarely does graphite rate more than a passing mention when the topic is being discussed.
Read MoreThe stead of Australian companies in the global renewables business has been confirmed by the $US2.8 billion in grants from the Biden administration announced yesterday.
Read MoreAn upbeat quarterly report from Syrah Resources, which earlier this month moved closer to a $US107 million loan from the US government to help build a key graphite processing plant.
Read MoreLike Lynas and its rare earths operation in Texas, rival Syrah Resources has won financial support from the American government to help expand its operations in that country.
Read MoreA recovery could also see the next generation of graphite producers such as Battery Minerals and Kibaran spring to life.
Read MoreSyrah Resources has downgraded production guidance for the June quarter, although brokers note stability in cash flow appears to be emerging.
Read MoreThe company has updated on June quarter production, downgrading guidance to 45-50,000t from 50-55,000t. The reason, UBS notes, is the delay to the production improvement plan.
Read MoreThe company has updated its reserves and resources statement, to account for mining depletion, drilling and the improved understanding of the orebody. There is a 14% increase in contained graphite at a reduced 10% TGC grade.
Read MoreSyrah Resources has downgraded its March quarter graphite price to US$460-470/t from prior guidance of US$500-600/t provided in January.
Read MoreThe company has provided guidance for 2019, which misses Deutsche Bank’s expectations on all fronts. First quarter production and full year production are below forecasts while cash costs are higher.
Read MoreAfter five years of speculative hype, the ASX-listed graphite sector is about to come of age with sector big daddy Syrah poised to start production at its massive Balama mine in Mozambique.
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