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Sarytogan Graphite (ASX: $SGA) confirms nuclear specification

Sarytogan Graphite announcement overview


Sarytogan Graphite Limited (ASX: $SGA) has confirmed that its Five Nines Graphite has been independently assayed to meet the Equivalent Boron Content (EBC) specification required for use in nuclear reactors. The company's Managing Director, Sean Gregory, stated that this achievement adds a super-premium dimension to Sarytogan's product offering for various markets, including traditional industrial, lithium-ion battery, primary battery, and advanced industrial markets. The Pre-Feasibility study is progressing as scheduled and is expected to be published in Q3 this year.

Executive commentary on Sarytogan's nuclear specification confirmation


Sarytogan Managing Director, Sean Gregory, commented, 'Sarytogan Five Nines Graphite has now been independently assayed to meet the EBC specification required for use in nuclear reactors. This adds a super-premium dimension to Sarytogan Graphite product offering for uses in traditional industrial, lithium-ion battery, primary battery, and advanced industrial markets. The Pre-Feasibility study is continuing to advance on schedule to be published in Q3 this year.'

Summary of Sarytogan Graphite's nuclear specification confirmation


Sarytogan Graphite (ASX: $SGA) has successfully confirmed that its Five Nines Graphite meets the Equivalent Boron Content (EBC) specification required for use in nuclear reactors. This achievement enhances the company's product offering for various markets, including traditional industrial, lithium-ion battery, primary battery, and advanced industrial markets. The Pre-Feasibility study is progressing as scheduled and is expected to be published in Q3 this year. Sarytogan's product mix includes plans to produce three product types in approximately equal proportions, catering to different industrial uses. The company's focus on high-quality anode pre-cursor material for the rapidly growing electric vehicle battery market is well advanced and scheduled for completion during Q3 2024. Sarytogan's graphite deposit in the Karaganda region of Central Kazakhstan has shown promising results, with upgrades in mineralisation purity and successful demonstration of performance lithium-ion batteries. The company's strategic advancements position it favorably in the evolving market landscape.

SARYTOGAN GRAPHITE LIMITED
SGA | ASX | Materials
0.1950.01(+5.41%)
At close 05/07 (AEDT)
Market cap
$27.5M
Volume
116,506
DY Yield
0
PE Ratio
0
52 Week Range
0.145 - 0.31
1YR Return
N / A

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