Fully integrated specialist graphite producer and graphene and advanced materials developer Tirupati Graphite has entered into a binding agreement to acquire the entire issued share capital of Suni Resources.
Suni Resources holds the Mozambique portfolio of graphite assets of ASX-listed Battery Minerals, including the construction initiated Montepuez graphite project and the advanced feasibility study stage Balama Central graphite project.
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.