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Oct 28, 2024

Sarytogan Graphite expands market reach - new uses for Micro80C in cast iron | ASX:SGA

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Jonathan Jackson is an experienced writer and editor. Over the past 20 years, he has worked in print and digital media across several business and finance titles amd is currently the Australian news editor at Proactive Investors covering the latest news for ASX listed companies as well as current financial trends. He was previously managing editor with Business First magazine, Wealth Creator Magazine and StocksDigital. Jonathan has interviewed some of the world's top CEOs and covered... Read more

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Published: 21:53 27 Oct 2024 EDT

Sarytogan Graphite Ltd (ASX:SGA) managing director Sean Gregory joins Jonathan Jackson in the Proactive studio after the company identified significant market potential for its Micro80C graphite product, targeting the grey cast iron industry as a potential high-volume application for its recarburiser.

Testing has shown that this product is effective in reintroducing carbon during cast iron manufacturing. In this process, up to 6% carbon is added back to improve durability and malleability, a practice known as recarburising.

The grey cast iron industry, producing approximately 31 million tonnes annually, consumes about 1 million tonnes of recarburiser, presenting a substantial offtake opportunity for Sarytogan.

Gregory noted that this market represented a base load opportunity that could drive further expansion of the Sarytogan Graphite Project, complementing recent pre-feasibility study results.

The next phase involves processing 20 tonnes of trial-mined ore from the Sarytogan deposit in Kazakhstan, with milling scheduled in Karaganda. From this, a tonne of milled ore will be transported to Australia to produce flotation concentrate, a portion of which will then be shipped to the US for purification.

The resulting product samples, expected in quantities sufficient for vendor testing and customer qualification, mark a crucial step toward commercialising the 229-million-tonne Sarytogan resource.