Since London-listed Tirupati Graphite acquired the Montepuez and Balama Central projects, in Mozambique, in April, the company has completed various workstreams to optimise these projects.
In a comprehensive review of the acquired assets, Tirupati has confirmed both projects are fully permitted for 158 000 t/y of flake graphite production, while the Montepuez project in particular has been found to contain 34-million tonnes of vanadium pentoxide grading 0.25%, for 86 000 t contained.
Tirupati conducted a detailed review of the Montepuez project’s definitive feasibility study, which was completed by prior owner Battery Minerals Limited (BAT).
Tirupati Graphite PLC (LON:TGR) is a fully integrated specialist graphite and graphene producer, with operations in Madagascar and India. The Company is delivering on this strategy by being fully integrated from mine to graphene. Its global multi-location operations include primary mining and processing in Madagascar, hi-tech graphite processing in India to produce specialty graphite, and a state-of-art graphene and technology R&D center to be established in India.
