Sarytogan Graphite (ASX: $SGA) Announcement Highlights

Sarytogan Graphite Limited (ASX: $SGA) has reported significant advancements in the performance of lithium-ion batteries using Coated Spherical Purified Graphite (CSPG). The company's Managing Director, Sean Gregory, expressed delight in the successful demonstration of coating, which has added a premium priced element to their battery product offering. The Pre-Feasibility Study is progressing well and is expected to be completed no later than September 2024.

Sarytogan Managing Director, Sean Gregory, on CSPG Battery Anodes

We are delighted with the high performance demonstrated by Sarytogan Graphite in lithium-ion battery anodes. The successful demonstration of coating adds a premium priced element to our battery product offering and opens the door to future direct relationships with battery manufacturers and OEMs. Coating has therefore been added to the flowsheet for the Pre-Feasibility Study which is progressing well and is on track for completion no later than September this year.

Sarytogan Graphite (ASX: $SGA) Announcement Summary

Sarytogan Graphite (ASX: $SGA) has reported significant improvements in lithium-ion battery performance using Coated Spherical Purified Graphite (CSPG). The successful demonstration of coating has added a premium priced element to their battery product offering, improving market pricing from approximately US$2,500/t to US$8,000/t. The company's Pre-Feasibility Study is on track for completion, and the addition of CSPG to their product offering is expected to facilitate the establishment of direct relationships with battery manufacturers and OEMs in Europe and America. Sarytogan plans to produce three product types to maximize market reach from its high-grade Mineral Resource, with a focus on supplying high-quality anode pre-cursor material for the rapidly growing electric vehicle battery market.