Sarytogan plans to produce microcrystalline graphite at up to 90% TGC, ultra-high purity fines and spherical purified graphite for use in electric vehicle (EV) batteries.
The company’s eponymous high grade graphite project, 190km from Karaganda in the vast Central Asian nation of Kazakhstan, is backed by the European Union’s (EU) Critical Raw Materials Act and the European Bank for Reconstruction and Development (EBRD) investment, highlighting its strategic role in supplying sustainable battery materials.
As a multilateral developmental London-based investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc, it has expanded to support development in more than 30 countries from Central Europe to Central Asia.
Final preparations for Sarytogan’s DFS engineering contract are underway, supported by ongoing water drilling, metallurgical testwork and power and transportation studies.
The company’s graphite project stands out with an impressive world-class mineral resource totalling 229 million tonnes at an almost unheard of grade of 28.9% TGC, of which just 4% has been upgraded to reserve classification.
The deposit’s remarkable purity, combined with its substantial scale, positions it favourably to meet the swelling demands driven by the global shift towards EVs and broader electrification.
As markets seek reliable, sustainable sources for both energy generation and storage, Sarytogan’s high-grade graphite play emerges as a key asset in the growing sustainable electrification sector.
EU support and more drilling results on the horizon only add to the buzz around the expectation that big things could be coming from Kazakhstan, with significant upside remaining as more results flow in.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
