Analyst doubt quells frenzy over Glencore-Syrah rumours

By Laura Syrett
Published: Monday, 14 July 2014

Speculation that trader Glencore had offered ASX-listed Syrah Resources A$2bn for its graphite-vanadium exploration project in Mozambique sent shares in Syrah and neighbouring junior Triton Minerals soaring on the ASX last week. But while excitement over the reports is beginning to die down, vanadium and graphite remain firmly on the radar as investable minerals.

The flurry of excitement caused by the rumour that commodities major Glencore had made an informal approach to buy ASX-listed graphite and vanadium junior, Syrah Resources, began to settle on Monday after a number of market commentators poured cold water on the reports.

News emerged on Thursday last week that...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.