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Sarytogan Graphite Limited ( (AU:SGA) ) has issued an announcement.
Sarytogan Graphite Limited announced successful pilot milling tests at its Sarytogan Graphite Project in Kazakhstan, revealing that the graphite ore is much softer than previously assumed. This discovery is expected to significantly reduce milling costs and power requirements, enhancing the project’s economic viability. The company plans to airfreight 700kg of the milled product to Australia for further testing, which will produce samples for potential customers, thereby strengthening its market position.
More about Sarytogan Graphite Limited
Sarytogan Graphite Limited is a company operating in the mining industry, focusing on the extraction and processing of graphite. The company is engaged in the Sarytogan Graphite Project in Kazakhstan, where it aims to produce high-grade graphite for various industrial applications.
YTD Price Performance: -34.85%
Average Trading Volume: 179,816
Technical Sentiment Signal: Strong Buy
See more data about SGA stock on TipRanks’ Stock Analysis page.