Sarytogan Graphite mining license approval

Sarytogan Graphite Limited (ASX:SGA) has received a mining license for its graphite project in Kazakhstan. The license, granted by the Ministry of Industry and Construction, covers 8.88 km² and is valid for 25 years. This achievement secures the development of the Sarytogan Graphite Project without delay.

Sarytogan Graphite mining license announcement summary

Sarytogan Graphite Limited has successfully obtained a 25-year mining license for its graphite project in Kazakhstan. This license, covering an area of 8.88 km², is a major step forward in the development of the Sarytogan Graphite Project. The company plans to produce various graphite products and is committed to community engagement and environmental compliance. Sarytogan is also exploring additional mineral opportunities, including copper porphyry. The license facilitates the advancement of the project and positions Sarytogan to make significant contributions to the local economy and the graphite industry.

Executive commentary from Sarytogan Graphite

The granting of the mining license represents a significant milestone for the Sarytogan Graphite Project. It allows us to advance our development activities and engage further with local communities and stakeholders to ensure the success of our project in Kazakhstan.