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The latest announcement is out from Sarytogan Graphite Limited ( (AU:SGA) ).
Sarytogan Graphite Limited has updated the market on its previously announced capital raisings totalling more than $5 million with investor Dias Sarsenov and the European Bank for Reconstruction and Development, both of which remain contingent on final approvals from Kazakhstan’s Ministry of Industry and Construction. Administrative delays at the ministry and the need for a renewed foreign investment review notification for EBRD have pushed out the completion deadlines to 31 January 2026 for Sarsenov and 30 April 2026 for EBRD, though interim funding from a US$1 million advance by Sarsenov and a recent A$1.8 million placement mean the company is well financed in the near term to progress the definitive feasibility study on its flagship Sarytogan Graphite Project.
More about Sarytogan Graphite Limited
Sarytogan Graphite Limited is an ASX-listed developer of the Sarytogan Graphite Deposit in the Karaganda region of central Kazakhstan, a project designated as a Strategic Project under the European Union’s Critical Raw Materials Act. The company focuses on supplying natural graphite for batteries and other strategic industrial uses, supported by a substantial indicated and inferred mineral resource at its wholly owned project.
Average Trading Volume: 440,674
Technical Sentiment Signal: Buy
Current Market Cap: A$20.1M
For a thorough assessment of SGA stock, go to TipRanks’ Stock Analysis page.