Management says it is looking to create three revenue streams, in relatively equal portions. The first is a microcrystalline graphite at about 80 per cent to 85 per cent carbon to be sold for use in traditional industries including refractories, crucibles, foundries, pencils and lubricants.

The remaining two thirds will be split and made available to produce USPG for lithium-ion battery anodes, in addition to ultra-high-purity fines (UHPF) for advanced industrial uses including the nuclear industry and as a cathode activity enhancer for batteries.

Just last week, Sarytogan confirmed that product purified to 99.999 per cent from its Kazakhstan project had been cleared for use in nuclear reactors after meeting strict equivalent boron content (EBC) criteria. The purified graphite, referred to as “five nines”, has been assayed at 1.1 parts per million EBC, which is well below the maximum 2ppm specification for the highest-purity nuclear graphite.

With several potential revenue streams already being considered from its high-grade Sarytogan deposit in Kazakhstan, all eyes will now be on the upcoming PFS as the company continues to deliver positive results from its ongoing testwork.

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