Sarytogan locks in European funds for Kazakh graphite push

Sarytogan Graphite has secured A$1.4 million from the European Bank for Reconstruction and Development to support the final stages of its definitive feasibility study for a large-scale graphite project in Kazakhstan. The funding required approvals from Australian, Kazakh, and shareholder authorities, and forms part of a broader capital raise that includes recent investment from a prominent Kazakh investor. The Sarytogan project, recognized under the EU’s Critical Raw Materials Act, hosts a significant graphite resource deemed strategically important for global battery supply chains.