** Shares of Syrah Resources SYR.AX rise as much as 3.9% to A$0.4, their highest level since June 17, 2024
** Industrial minerals and technology firm says its flagship Balama graphite operation in Mozambique is targeted to restart production by end of June quarter
** A force majeure event was declared in December at the graphite operations due to disruptions from protests exacerbated by ongoing civil unrest
** Stock extends YTD gains to 92.7%
(Reporting by Sneha Kumar in Bengaluru)
((Sneha.kumar@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.