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
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