Tirupati Graphite targets an output of 200,000 tonnes of graphite per year in Madagascar a few years from now. Though the company is very far from this number at the moment, it has been ramping up efforts to achieve its ambition.
The two graphite Malagasy projects of Tirupati Graphite–Vatomina and Sahamamy–could soon see a “significant increase” in mineral resources. Shishir Poddar, the firm’s Executive Chairman, made the statement in an operational update released on March 11, 2024.
Having just completed an extensive drilling program (including diamond and auger drilling) at the sites of both projects, the company indicated that an analysis of the results for an independent assessment of mineral resources is underway by SRK Consulting.
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.
