Shares of graphite makers have turned attractive with reports emerging that the commodity is in short supply globally amid the strong demand.
Graphite is a key component needed for the production of lithium batteries. The metal prevents the lithium batteries from breaking down. Besides, electrodes of graphite are used in the production of steel and aluminium.
There is a huge global demand for lithium-made batteries from the automobile sector as the world is rapidly shifting towards green mobility to fight climate change.
Tirupati Graphite PLC (LON:TGR) is a fully integrated specialist graphite and graphene producer, with operations in Madagascar and India, with a vision of developing a world-leading benchmark flake graphite company.