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Murray Ward

April 30, 2026 — 1:49pm

Sarytogan Graphite has bagged a fresh A$1.4 million cash injection courtesy of the European Bank for Reconstruction and Development (EBRD) to help drive the company’s massive Kazakh graphite project towards production.

Under the terms of the funding agreement, the European state sponsored received 17,457,264 Sarytogan shares priced at eight cents per share. To unlock the funds, Sarytogan had to navigate a complex regulatory landscape and successfully secure three key approvals by its end-of-April deadline.

Sarytogan Graphite has banked $1.4m from the European Bank for Reconstruction and Development to fast-track its world-class Kazakh graphite project.

The deal cleared three key hurdles: a “no objection” from Australia’s Foreign Investment Review Board, allowing the EBRD to hold up to 19.99 per cent, critical approvals from Kazakhstan’s Ministry of Industry and Construction, and a final green light from Sarytogan shareholders at a…