(NewsDirect)
Sarytogan GraphiteLtd (ASX:SGA) MD Sean Gregory tells Proactive it’s been atough 2023 so far for ASX-listed graphite equities, however heexplains why SGA is well positioned for when an upswing in thegraphite price occurs. The majority of graphite supply currently issynthetic graphite from China which is being used to satisfyshort-term demand for EV batteries but he says that type of graphitecomes with significant environmental concerns. Sarytogan is developingthe far greener natural graphite and is progressing studies anddevelopment plans for its flagship Sarytogan Graphite Deposit incentral Kazakhstan.
Gregory said, “We are pleased to report that the criticalstep in Sarytogan’s metallurgical test work program is on track withthe bulk flotation test now running in Perth that will continue forthe rest of this quarter as planned.
"Lab partners across the globe are ready to receive theirallocation of the concentrate for further purification,spheroidization and battery testing.”
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Proactive Investors
JonathanJackson
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jonathan@proactiveinvestors.com
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