BUZZ-Australia's Syrah falls on further extending deadline on Tesla graphite supply deal

Reuters

2025/11/17

BUZZ-Australia's Syrah falls on further extending deadline on <a href="https://laohu8.com/S/TSLA">Tesla</a> graphite supply deal

** Shares of Syrah Resources SYR.AX fall as much as 3.3% to A$0.295, hitting their lowest since November 7

** Stock logs largest intraday pct loss since November 12

** Miner said that it has agreed with Tesla to extend the deadline for its 2021 offtake contract to supply graphite, the second time in two months, to tackle an alleged default

** Tesla had issued a default notice in July

** Co says deadline now pushed to January 16, 2026; adds Tesla could terminate deal if final qualification of its active anode material from its Vidalia plant in Louisiana is not achieved by February next year

** Stock up 55.2% YTD, including the day's moves

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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adds Tesla could terminate deal if final qualification of its active anode material from its Vidalia plant in Louisiana is not achieved by February next year</p><p>** Stock up 55.2% YTD, including the day's moves</p><p>(Reporting by Nikita Maria Jino in Bengaluru)</p><p>((Nikita.Jino@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999015978.USD","symbol_name":"利安颠覆性创新基金A","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251117:nL6N3WT01T:1","article_id":"2584380697","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584380697","pubTimestamp":1763342544,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Australia's Syrah falls on further extending deadline on Tesla graphite supply deal** Shares of Syrah Resources SYR.AX fall as much as 3.3% to A$0.295, hitting their lowest since November 7** Stock logs largest intraday pct loss since November 12** Miner said that it has agreed with Tesla to extend the deadline for its 2021 offtake contract to supply graphite, the second time in two months, to tackle an alleged default** Tesla had issued a default notice in July** Co says deadline now pushed to January 16, 2026; 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adds Tesla could terminate deal if final qualification of its active anode material from its Vidalia plant in Louisiana is not achieved by February next year** Stock up 55.2% YTD, including the day's moves(Reporting by Nikita Maria Jino in Bengaluru)((Nikita.Jino@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}