The latest announcement is out from Sarytogan Graphite Limited ( (AU:SGA) ).
Sarytogan Graphite Limited has commenced drilling operations to secure a water supply for its graphite project in Kazakhstan. The Pre Feasibility Study identified the Sherubainura River Aquifer as the optimal water source, and the company is drilling additional wells and testing existing bores to support its water allocation application. This initiative is crucial for meeting the project’s water demands, particularly during peak periods, and represents a significant step in mitigating risks and advancing project development.
More about Sarytogan Graphite Limited
Sarytogan Graphite Limited operates in the mining industry, focusing on graphite extraction and processing. The company is primarily engaged in the development of the Sarytogan Graphite Project in Kazakhstan, aiming to secure necessary resources for mineral processing.
YTD Price Performance: -32.86%
Average Trading Volume: 202,044
Technical Sentiment Consensus Rating: Buy
See more data about SGA stock on TipRanks’ Stock Analysis page.