← Capital
—No tracked governmentEuropean Bank for Reconstruction and Development

Sarytogan Graphite Limited

Sarytogan Graphite Strategic Project

CommitmentEquityPublicDisbursed

fin-ebrd-2025-sarytogan-equity

Reading this record

What the evidence says — and does not say

What kind of figure?
CommitmentMoney, or a money-like promise, committed to a named recipient or project. The only role ever summed.
What has happened legally?
DisbursedThe money has been paid out.
Has money been paid?
Follow the payment evidenceThe source-linked current status records disbursement. Check the cited history for amount, timing and scope; it does not establish physical construction.
What does it link to?
Project attributionOne registered project is linked directly to this row. The link alone does not prove the amount was paid or that the project advanced.

This is a commitment role, but the financial status still determines legal standing and payment. Funding and verified industrial outcomes remain separate. A financial record alone never independently verifies construction, commissioning or production. Read SMPT's counting and evidence rules.

Amount

AUD5 million

As stated “AUD 5 million (€3 million)”

AUD 5,000,000 · Exact · Currency stated in the source

Record

Provider
European Bank for Reconstruction and DevelopmentEuropean Bank for Reconstruction and DevelopmentPublic financier
Legal authority
Not stated
Programme
None named
Recipient
Sarytogan Graphite LimitedSarytogan Graphite LimitedCompany
Project
Sarytogan Graphite Strategic ProjectSarytogan Graphite Project capital stack →
Facility
Not stated
Location
KazakhstanKZ
Stages
MiningSingle stage
Materials
GraphiteTracked materials only

Status

Financial and physical progress are separate histories. The last entry is current.

Financial

  1. Contracted

    EBRD project 54699 is signed, but the source does not state an exact execution date.

    European Bank for Reconstruction and Development

  2. Disbursedcurrent

    EBRD transaction counsel identifies completion of the two-tranche A$5M equity purchase on 10 February 2025.

    Fasken (transaction counsel to EBRD)

Implementation

No source states the physical status of a project for this row.

Notes

This existing EBRD Sarytogan financing row is the original A$5M share purchase, not a new award. EBRD 2024 and project 54699 identify the initial A$5M (€3M approximate) commitment to Sarytogan Graphite Limited; transaction counsel dates completion to 10 February 2025. The European Commission's December 2025 summary reports around €3.6M without identifying component transactions; it remains contextual and is not a separately counted sum. A later, independently paid A$1,396,581.12 follow-on placement is coded separately as fin-ebrd-2026-sarytogan-topup-equity, not rolled into this amount. EBRD is multilateral: no tracked national government receives financing credit.

Evidence

Every populated field names the source that states it, how directly, and where.

  1. RESourceEU Action Plan: Accelerating our critical raw materials strategy to adapt to a new reality (COM(2025) 945 final)

    European Commission

    Fields supported
    Instrument · Value role · Capital source · Provider · Project · Location · Materials
    Evidence level
    Explicit
    Location in document
    Section 2.1, fourth paragraph
    Qualification
    Commission retrospectively characterizes EBRD equity as around €3.6M. This is not an auditable transaction-level AUD amount or a distinct additional investment.
    View source dossier →
  2. EBRD acquires stake in Sarytogan Graphite Limited

    European Bank for Reconstruction and Development

    Fields supported
    Instrument · Value role · Capital source · Amount · Provider · Recipient · Project · Location · Supply-chain stages · Materials
    Evidence level
    Explicit
    Location in document
    Opening paragraphs; AUD 5 million (€3 million) EBRD shareholding announcement
    Qualification
    Bank directly identifies the A$5M equity investee; stated euro figure is contextual, not summed separately.
    View source dossier →
  3. EBRD Project 54699 — DFF Project C / Sarytogan Graphite Limited

    European Bank for Reconstruction and Development

    Fields supported
    Instrument · Amount · Recipient · Project · Status
    Evidence level
    Explicit
    Location in document
    Project description; Client information; EBRD Finance Summary; Status Signed
    Qualification
    Project 54699 confirms A$5M and the legal investee; signature date is not asserted.
    View source dossier →
  4. Fasken advises EBRD on completed A$5 million Sarytogan Graphite investment

    Fasken (transaction counsel to EBRD)

    Fields supported
    Amount · Recipient · Status
    Evidence level
    Explicit
    Location in document
    Overview, Closed February 2025; completed 10 February 2025
    Qualification
    Transaction counsel confirms A$5M total closing; its internally inconsistent share-count/price figures are not carried into SMPT.
    View source dossier →