IMO it would be a bit premature, around 50m shares were still shorted before the news hit and any reversal from Taco won't come until December. I expect we'll see 80c again by end of the month.
"When combined with existing tariffs, the effective rate reaches approximately 160% – creating what industry analysts call a "de facto ban" on Chinese graphite imports. The Commerce Department has scheduled a final determination for December 5, 2025, but the preliminary duties took immediate effect, sending shockwaves through battery material markets."
https://discoveryalert.com.au/news/us-tariff-decision-chinese-graphite-2025/
Syrah jumps +19% as graphite tariff threat spurs optimism down under, page-4
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Last
42.0¢ |
Change
0.030(7.69%) |
Mkt cap ! $432.5M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 43.0¢ | 40.8¢ | $3.551M | 8.526M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 81592 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 113628 | 11 |
View Market Depth
| Last trade - 13.01pm 23/07/2025 (20 minute delay) ? |
| SYR (ASX) Chart |