** Shares of Australia's Syrah Resources SYR.AX rise as much as 41.4% to A$0.140, logging their best day since October 23, 2023

** Miner says Tesla TSLA.O had withdrawn notice of intent to terminate graphite supply deal, ending months of negotiations that saw the two companies extend a resolution deadline four times

** Syrah aimed to supply 8,000 metric tons of graphite anode materials to electric vehicle maker Tesla over four-year period from its Vidalia plant in the U.S. state of Louisiana under 2021 contract

** Stock hit its highest level since April 23

** Stock down nearly 60% this year, including the day's move