ASX Announcements
Market Sensitive
Syrah receives first disbursement from DFC loan
Debt Facility, Progress Report
- Nov 11, 2024
- 2 pages
May
AusSuper sets sights on becoming a global force in critical minerals
Australia’s largest industry super fund will step up its investment in battery metal lithium as it seeks to grow its $12 billion critical minerals fund.
- Elouise Fowler
March
Syrah Resources raising $98m; Jarden on the ticket
The raise comes a fortnight after it signed a binding offtake agreement with Korean steelmaker POSCO for its flagship Balama project in Mozambique.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Lithium hopeful Liontown in $550m loan from banks, taxpayers
The new agreement will ease concerns over Liontown Resources after January’s spectacular loan withdrawal.
- Peter Ker
December 2023
Ban short-selling in the ‘national interest’, Chalice boss pleads
Hedge funds targeting pre-revenue companies holds back Australia’s objectives in critical minerals, according to aspirant Chalice.
- Updated
- Peter Ker
October 2023
Graphite stocks surge as Beijing opens new frontier in trade war
China, the world’s top graphite producer and exporter, has slapped export controls on the commodity crucial for EVs and defence applications.
- Elouise Fowler
- Updated
- Mining
Graphite to surge, Syrah and Talga the best bet for investors: UBS
UBS said automakers will turn graphite for cheaper electric vehicle batteries, driving up the price and supporting two ASX-listed miners.
- Elouise Fowler
September 2023
There’s an M&A wave coming for the exploration sector
Experts say the exploration sector is primed for consolidation as purse strings tighten in capital markets and big miners chase a foothold in critical minerals.
- Peter Ker
August 2023
Syrah pins hopes of mine restart on end of China supply glut
Chief executive Shaun Verner says he hopes his company can return its African mine to full output over the next few months.
- Jacob Lorinc
July 2023
Syrah Resources sheds $100m market cap on production pause
Syrah Resources has not recommenced mining at its flagship Mozambique operation, saying graphite prices were “unsustainably” low.
- Elouise Fowler
Rio Tinto grabs 15pc of mineral sands upstart
Rio Tinto’s acquisitive mood shows no signs of dimming with the multinational miner buying a stake in an African focused explorer.
- Peter Ker
May 2023
- Analysis
- Due diligence
Is this beaten down battery stock the next Lynas?
Syrah Resources will this year become the biggest producer of a battery grade critical mineral outside China, but its shares don’t reflect that optimism.
- Peter Ker
January 2023
BHP, Woodside thrust into US proxy adviser war
Republicans in the US have revived their war on proxy advisers and say coverage of BHP and Woodside proves non-financial matters are being prioritised too much.
- Updated
- Peter Ker
October 2022
Australian firms win slice of Biden’s $4.5b critical minerals grants
The US Department of Energy has awarded $780 million worth of funding to Australian companies operating in America.
- Updated
- Matthew Cranston
August 2022
Lynas to produce more rare earths sooner
As geopolitical tensions flare in Asia, Lynas vows to ramp up production of the commodity dominated by Chinese producers and much needed by the US.
- Peter Ker
June 2022
Lynas wins US backing for Texas rare earths plant
Lynas’ long engagement with the US government has finally borne fruit in the form of cash to build a refinery in Texas.
- Alex Gluyas and Peter Ker
April 2022
Polarised world charges up battery minerals producers
Battery minerals miners such as Syrah rely on China for most of their revenue but are being offered cash to secure supplies for Australia’s defence allies.
- Peter Ker
Joe Biden backs Australian graphite miner Syrah
The US government has joined Australia’s biggest superannuation fund and electric car giant Tesla in backing Syrah Resources with a $145 million loan.
- Updated
- Peter Ker
March 2022
Mud flies as judge sets date for Kumova v Stock Swami trial
An increasingly bitter legal dispute has a trial date after Alan Davison sought to expand his defence by making new allegations against the applicant.
- Tom Richardson
February 2022
Terms out for $250m Syrah Resources raising
Bank of America’s equities desk has launched Syrah Resources’ $250 million raising, calling for bids by 5pm on Monday.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
Syrah Resources mulls $250m raising for processing plant
Graphite play Syrah Resources is preparing to ask shareholders for fresh capital to help fund a processing plant in the United States.
- Anthony Macdonald, Sarah Thompson and Kanika Sood