Tirupati Graphite plc (LON:TGR), the specialist flake graphite company and supplier of the critical mineral for the global energy transition, has noted the recent report by Benchmark Mineral Intelligence on the global graphite producers which highlights the strength of the Company’s position in this growing market.
BMI notes that China currently dominates today’s supply chain, but as can be seen on their newly released map, the supply being developed globally is expected to shift this balance. BMI anticipates that by 2030 more production will have come on stream outside of China including in North America, Africa and Australia.
Importantly for Tirupati, Africa is set to become a key producer of natural flake graphite with the continent forecast to produce an estimated 38% of the world’s mined supply by 2030. The top 3 producing nations by 2030 in the world are expected to be China, Mozambique, and Madagascar – overlapping significantly with Tirupati’s footprint in Mozambique and Madagascar.
