Guess why this ASX battery materials share is surging 14% today

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Investors have responded very positively to an announcement this morning. You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More Syrah Resources Ltd (ASX: SYR) shares are catching the eye on Friday. In morning trade, the ASX battery materials share is up 14% to 69.5 cents. Why is this ASX battery materials share jumping? Investors have been snapping up the company's shares today after it announced a binding long-term...