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Sarytogan Graphite Limited ( (AU:SGA) ) just unveiled an announcement.
Sarytogan Graphite Limited has secured the necessary power allocation for its graphite project in Kazakhstan, marking a significant step in mitigating development risks. The Kazakhstan Electricity Grid Operating Company JSC has approved power allocations for both the mine and downstream projects, aligning with the company’s pre-feasibility study estimates. This development ensures a reliable power supply for the project, enhancing its feasibility and strategic positioning in the market.
More about Sarytogan Graphite Limited
Sarytogan Graphite Limited operates in the mining industry, focusing on the extraction and supply of natural graphite. The company is strategically positioned in the Karaganda region of Central Kazakhstan and plays a significant role in providing critical raw materials for battery and other strategic uses, particularly under the European Union’s Critical Raw Materials Act.
Average Trading Volume: 285,066
Technical Sentiment Signal: Buy
Current Market Cap: A$17.37M
Find detailed analytics on SGA stock on TipRanks’ Stock Analysis page.