Syrah Resources (ASX: SYR) Shares Jump Over 10% Following Resumption of Balama Operations

Mon 05 May 25, 03:28 AM | Team Kalkine

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Highlights

Syrah Resources shares rise 12% after Balama operation's restart news

Mozambique government clears protestors, restoring access to Syrah’s Balama site

Operational teams are mobilizing for inspection and maintenance at the Balama facility

Syrah Resources Ltd (ASX: SYR) is seeing a notable increase in its share price, up 12% to 27.5 cents, following a key update on its Balama graphite operation in Mozambique. The surge in share price comes as Syrah reported that the civil unrest that had disrupted its operations in the region has now been addressed.

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