Qaraganda Region: Australian Firm to Expand Graphite Project
Photo: Elements.envato.com, ill purposes
Australian company Sarytogan Graphite Limited will expand its graphite operations in Kazakhstan’s Qaraganda region, including the construction of a processing plant near the village of Agadyr, reports Orda.kz, citing The Sydney Morning Herald.
The company has acquired a 10-hectare site for the facility, located 4 kilometers from Agadyr in the Shetsky district and around 140 kilometers from the Sarytogan deposit. A 50 MW solar power station has already been built nearby, and railway infrastructure is in place.
We look forward to continuing to work with the Akim provincial government and local communities so that Kazakhstan’s ultra-high-purity graphite can play its part in the high-technology battery revolution,Sarytogan Graphite managing director Sean Gregory said.
KazGraphite, a local subsidiary of Sarytogan Graphite Limited, won the site in an auction for $9,000. The land has been leased to the company for five years, with an option for extension.
The plant will produce ultra-pure graphite, a key component in lithium-ion battery anodes. The company aims to supply high-tech global markets and plans to work closely with local authorities and communities.
The Sarytogan deposit contains reserves of 229 million tons of raw materials and occupies an area of about 70 square kilometers.
Sarytogan Graphite Limited already has two mining contracts, for 25 and 35 years. Over the 60 years during which the company will be able to mine graphite in Kazakhstan, it will have time to extract about four percent of the total volume of mineral resources in this area.
Original Author: Nikita Drobny
Latest news
- Astana to Reward Residents for Reporting Offenses
- Kazakhstan Officially Licenses Crypto Exchange Operator for the First Time
- More Than 200,000 People in Kazakhstan Legally Own Weapons
- Kazakhstan Builds Greenhouses To End Winter Vegetable Shortages
- Kazakhstan’s State Oil Company And China’s CNPC Plan Refinery Expansion
- Kazakhstan And Turkey Sign Nuclear Energy Cooperation Deal
- Kazakhstan Sets Campaign Dates For Kurultai Election
- Kazakhstan Tightens Control Over Fuel Prices
- Almaty Metro Bans Electric Scooters, Bikes And Skateboards
- Kazakhstan Ready To Supply Gasoline To Russia On Mutually Beneficial Terms
- Banks in Kazakhstan and Other EAEU Countries Tighten Rules on Cash Ruble Deposits
- Kazakh Billionaire Sues Guinea Over Bauxite Mining License
- Kazakhstan May Become Founding Member of New International AI Organization
- New Astana Airport Construction To Begin Next Year
- Kazakhstan’s New Parliament Enters Election Mode
- Kazakhstani Schools To Make Constitution Classes Mandatory
- Astana Fines 21 Women For Wearing Niqabs In Public
- U.S. Investment In Kazakhstan Could Rise To $137 Billion
- Kazakhstan To Create Digital Family Profiles With Income And Expense Data
- Snow Leopard Cubs Caught On Camera Trap In Katon-Karagai