Sarytogan Graphite Limited (AU:SGA) has released an update.
Sarytogan Graphite Limited has announced their ‘Five Nines’ graphite meets the stringent purity requirements for use in nuclear reactors, assaying at an impressive 1.1 ppm Equivalent Boron Content, significantly below the maximum 2 ppm industry standard. This development positions the company to tap into the high-value nuclear graphite market, which commands prices over US$25,000 per tonne and complements their diversified product strategy across various industrial sectors. The company’s pre-feasibility study is progressing and set to be published in the third quarter of the year.
For further insights into AU:SGA stock, check out TipRanks’ Stock Analysis page.