Syrah Resources (AU:SYR) has released an update.
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Syrah Resources and North American graphite companies have petitioned the US Department of Commerce to investigate the alleged dumping of Chinese graphite products at unfair prices, which could lead to additional tariffs. This action aims to protect North American graphite industries and foster a sustainable supply chain outside China. The outcome of this investigation could significantly impact stakeholders in the graphite market.
For further insights into AU:SYR stock, check out TipRanks’ Stock Analysis page.
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