Tirupati Graphite, a developer of graphite and graphene-based materials, has received most of the earthmoving equipment for its new plant in Sahamamy, Madagascar, as it looks to provide the electric vehicle (EV) sector with an alternative to Chinese minerals.
The company said it had received hydraulic excavators, payloaders, bulldozers and area graders from Hitachi, Komatsu and BEML for the 18,000 tonnes per annum plant.
Shishir Poddar, executive chairman of Tirupati Graphite, said the company’s Madagascan mines “produce high-quality flake graphite concentrate,” which provides “an essential alternative” to Chinese sources.
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.
