SYRAH SHARES PLUNGE 30% AFTER FORCE MAJEURE at Balama Graphite Mine in Mozambique
Australia’s Syrah Resources saw its stock plummet by approximately 30% on Thursday after the company declared a force majeure at its Balama graphite mine due to escalating civil unrest in Mozambique following contested election results. Syrah Resources stands out as the largest graphite producer outside of China, offering one of the few non-Chinese sources of…
