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Syrah Resources Announces Director’s Interest Change Amid Strategic Alignment

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Syrah Resources Announces Director’s Interest Change Amid Strategic Alignment

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Syrah Resources ( (AU:SYR) ) has provided an update.

Syrah Resources Limited has announced a change in the director’s interest, highlighting that John Beevers has acquired additional Non-Executive Director Share Rights as part of a salary sacrifice program. This program, approved by shareholders in 2023, allows directors to convert a portion of their fees into share rights, potentially aligning their interests more closely with shareholders and enhancing their stake in the company.

More about Syrah Resources

Syrah Resources Limited operates within the mining industry, focusing primarily on the extraction and production of graphite. The company is recognized for its significant market presence in the production of natural graphite, a vital component for various industrial applications including battery production.

YTD Price Performance: 10.71%

Average Trading Volume: 88,484

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $157.6M

See more data about SYR stock on TipRanks’ Stock Analysis page.

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