Interest in the graphite sector is growing, with reports Syrah Resources could be subject to a $2b takeover by Glencore

Interest in the graphite sector is growing, with reports Syrah Resources could be subject to a $2b takeover by Glencore. The Australian Financial Review reported today that Glencore approached Syrah to informally convey it would be willing to pay up to $2 billion for the company, citing unnamed sources. The attached chart highlights the respective share price performances over the past 12 months of Syrah (up 200%), along with our two preferred graphite sector exposures, Lamboo Resources (ASX: LMB) (up 2,000%) and Kibaran Resources (ASX: KNL) (up 200%).