Syrah Resources Announces Leadership Transition with Chair Retirement

Syrah Resources ( (AU:SYR) ) just unveiled an update.

Syrah Resources Limited announced the retirement of its Chair, Mr. Jim Askew, by the end of 2025. Mr. Askew has been instrumental in guiding the company through significant transformations, including the development of its Balama Graphite Operation and Vidalia Active Anode Material facility, establishing Syrah as a key player in the global graphite and anode material market. The company is actively seeking a new Chair to ensure a smooth transition and is also in the process of appointing a new Non-Executive Director, indicating a strategic shift in its leadership structure.

The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Syrah Resources stock, see the AU:SYR Stock Forecast page.

More about Syrah Resources

Syrah Resources Limited is an Australian Securities Exchange listed industrial minerals and technology company. It operates the Balama Graphite Operation in Mozambique and a downstream Active Anode Material Facility in the United States. The company’s vision is to be the leading supplier of high-quality graphite and anode material products, focusing on adding value in battery and industrial markets.

Average Trading Volume: 4,353,877

Technical Sentiment Signal: Sell

Current Market Cap: A$380.4M

Learn more about SYR stock on TipRanks’ Stock Analysis page.