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Sarytogan Graphite Limited (ASX:SGA)

ALERT: Price-sensitive ASX Announcement for SGA
Current share price for SGA : $0.060 -0.024 (-28.57%)+
Announcement
Release
24 Feb 2026 8:14AM
Price at Release
$0.084
Full Release
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Summary
Sarytogan Graphite Limited has secured a water licence for its Sarytogan Graphite Project in Kazakhstan. The State Committee for Natural Resources and Ecology approved the water supply from the Sherubainura River alluvial aquifer, allowing a draw of 2,040 m3 per day for 27 years, meeting the project's peak water demands. This achievement follows previous approvals, including a mining licence, environmental permit, land lease for downstream projects, and power allocation. The firm is progressing towards additional permits and aims to complete a Definitive Feasibility Study by mid-2026. The project, deemed a Strategic Project under the EU's Critical Raw Materials Act, boasts significant mineral resources and has produced high-purity graphite concentrates, highlighting its potential in supplying sustainable raw materials for Europe.
Key Points
  • Water licence secured for Sarytogan Graphite Project in Kazakhstan.
  • Water supply approved from Sherubainura River alluvial aquifer for 27 years.
  • Approval follows mining licence, environmental permit, land lease, and power allocation.
  • Additional permits for processing plant and tailings storage are in progress.
  • Definitive Feasibility Study expected mid-2026.
  • Project designated as Strategic Project under EU's Critical Raw Materials Act.
  • Mineral Resource Estimates stand at 225Mt @ 29.2% TGC.
  • Produced high-purity graphite concentrates up to 99.9992% purity.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.