Tirupati Graphite plc (LON:TGR, TGRHF.OTCQX), the specialist flake graphite company and supplier of the critical mineral for the global energy transition, has provided an update on its flake graphite operations and further outlook as it evolves as a globally significant flake graphite producer:
Overview
· H1 FY 2024 performance significantly ahead of the same period in the prior year with production up 160% and revenues up 170%, prior to significant further productivity improvements expected in Q3.
· During the period the Company continued the optimisation of its facilities including:
o Successfully addressing the bottlenecks in the mining and processing activities;