Sarytogan Graphite Ltd (ASX:SGA) MD Sean Gregory tells Proactive it’s been a tough 2023 so far for ASX-listed graphite equities, however he explains why SGA is well positioned for when an upswing in the graphite price occurs. The majority of graphite supply currently is synthetic graphite from China which is being used to satisfy short-term demand for EV batteries but he says that type of graphite comes with significant environmental concerns. Sarytogan is developing the far greener natural graphite and is progressing studies and development plans for its flagship Sarytogan Graphite Deposit in central Kazakhstan.
Sarytogan well positioned for upswing in graphite price