Sarytogan Graphite secures A$5M investment from EBRD for graphite project

Proactive - Interviews for investors

Sarytogan Graphite Ltd managing director Sean Gregory joins Jonathan Jackson in the Proactive studio to discuss a share subscription agreement with the European Bank for Reconstruction and Development (EBRD) for a placement of A$5M. The EBRD, a multilateral bank promoting private sector development in 36 economies, has invested over €200 billion in more than 7100 projects, with 80% directed towards private companies. Gregory views the investment as an endorsement of Sarytogan’s governance and the quality of its graphite project in Kazakhstan. EBRD’s Director for Natural Resources, Natalia Lacorzana, highlighted the project’s potential to become a responsibly mined source of battery-grade graphite, supporting the transition to a green economy and the wider adoption of electric vehicles. The funds will advance the Sarytogan Graphite Project, with the pre-feasibility study expected to be complete by September. Sarytogan will also retain control over Ushtogan LLP until a definitive feasibility study is completed. The agreement includes a Project Support Agreement granting EBRD the right to nominate a director to Sarytogan’s board and requiring regular reporting on environmental and governance matters. #ProactiveInvestors #ASX #SarytoganGraphite #EBRDInvestment #GreenEconomy #BatteryMaterials #GraphiteProject #ASX #KazakhstanMining #SustainableMining #ElectricVehicles #InvestmentNews #CorporateGovernance #FeasibilityStudy #MiningSector #EnvironmentalStandards #PrivateSector #GraphiteProduction #NaturalResources #ProjectFunding #MiningProjects #SustainableDevelopment #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews