SGA – Sarytogan Graphite | Aussie Stock Forums

SGA’s namesake project in Central Kazakhstan currently contains 209 Mt @ 28.5% TGC (containing 60Mt of graphite), making it the highest grade and second largest graphite deposit of its ASX peers.

Now the company has hit “breakthrough” 99.87% graphite purity in metallurgical test work — a significant step towards battery anode specification, managing director Sean Gregory says.

Sarytogan’s giant high grade mineral resource is now complemented by its premium micro-crystalline high-purity product, credentials that now elevate the project to be a potential answer to the world’s projected battery anode material shortage,” he says.

The product to support this strategy will be Uncoated Spherical Graphite (USpG), which trades at more than US$3,000/t. That’s about triple the price of traditional flake graphite products.

To achieve USpG, the Sarytogan concentrates will require milling to make spherical graphite balls of 5-20 micron in size and further purification to 99.95% TGC.

Testing continues to find the most economical way to hit these size/purification targets.

Meanwhile, a bunch of drilling assays are pending ahead of a resource upgrade, due for release in Q1 next year. A scoping study is also planned for 2023.

… we’ll see how they go.
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