Aim-listed Tirupati Graphite’s production for the financial year ended March 31 increased by 30% year-on-year, while sales volumes increased by 54%.
During the financial year under review, the 3 000 t/y Sahamamy facility, in Madagascar, which had declared commercial operations from January 2020, was in production, while the first 9 000 t/y facility at Vatomina, also in Madagascar, was under construction.
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.