Madagascar-focused flake graphite miner Tirupati Graphite has recorded a 188% year-on-year increase in production for the three months ended June 30, as it continues to ramp up its Vatomina and Sahamamy projects.
Production for the quarter under review was 2 371 t, compared with the 822 t of graphite produced in the three months ended June 30, 2022.
Sales were also 245% higher at 2 772 t in the reporting quarter, compared with 803 t of sales in the prior comparable period.
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.