Tesla's promotion gives Syrah a leg-up

FOR a time there, the way to play the electric vehicle and renewable energy storage revolution on the ASX was all about the anode side of a lithium-ion battery or more specifically, graphite, writes Barry FitzGerald.

Tesla's promotion gives Syrah a leg-up Tesla's promotion gives Syrah a leg-up Tesla's promotion gives Syrah a leg-up Tesla's promotion gives Syrah a leg-up Tesla's promotion gives Syrah a leg-up

Tesla's market value hit US$500 billion on Tuesday

Cathode side materials (lithium, nickel, manganese and others) have since displaced investor interest in graphite, for good reason too.

Melbourne's Syrah Resources typifies the switch.