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Tirupati Graphite continues to ramp up graphite operations in Madagascar

Last updated: 07:44 18 Mar 2024 GMT, First published: 14:20 09 Sep 2023 BST

Snapshot

  • Tirupati Graphite nears monthly deal for premium product
  • Tirupati Graphite advances graphite exploration in Madagascar amid global demand surge
graphite

About the company

Tirupati Graphite PLC is a specialist graphite producer and a supplier of critical minerals for the green transition economy. 

The company places a special emphasis on "green" applications, including renewable energy and energy efficiency, energy storage and thermal management and is committed to ensuring its operations are sustainable as well. 

Tirupati Graphite's operations include primary mining and processing in Madagascar, where the company operates two key projects, Sahamamy and Vatomina; 30,000 tpa installed capacity of high-quality flake graphite concentrate with up to 97% purity is currently being produced and sold to customers globally. 

How it is doing

18 Mar 2024

Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF), the mining company, is closing in on a monthly shipping deal with a German buyer for its 97% purity jumbo flakes.

Bulk production of the 97% purity jumbo flake Graphite was achieved back in April 2023 from its Madagascar project, something rarely done outside of China.

On producing this jumbo flake material, executive chairman Shishir Poddar said, "primary processing without the use of chemical or other treatments is a technically challenging grade to produce and demonstrates the process design superiority in retaining jumbo flakes while achieving higher purity levels and the skill sets the Company's team possesses."

Since April, Tirupati said it struck a prequalification deal with the German buyer to which it provided a bulk commercial-scale full container load for product trials.

11 Mar 2024

Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) said it has completed the latest exploration and resource drilling programme at its two Madagascan flake graphite projects. 

An updated Competent Persons Report (CPR) is now being prepared by SRK Consulting and is expected to be published in the near term.

08 Mar 2024

Tirupati Graphite has noted a recent report by Benchmark Mineral Intelligence (BMI) on global graphite producers which highlights the strength of its position in this market.

BMI notes that China currently dominates today's supply chain, but supply being developed globally is expected to shift this balance.

What management says

13 Mar 2024

Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) joint managing director Puruvi Poddar joins Proactive's Stephen Gunnion with details of an exploration programme at the company's flake graphite projects in Madagascar.

The programme, differing from prior approaches, involved over 5,000 diamond core drill cores and more than 25,000 auger drills. SRK Consulting has visited the site to compile data for an updated Competent Persons Report (CPR), marking continuous exploration efforts over the last three years.

Poddar also touched on the global graphite market, highlighting the restrictions on graphite exports from China. These restrictions have intensified demand for graphite worldwide, underscoring its importance as a critical material.

Tirupati Graphite advances graphite exploration in Madagascar amid global...

Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) joint managing director Puruvi Poddar joins Proactive's Stephen Gunnion with details of an exploration programme at the company's flake graphite projects in Madagascar. The programme, differing from prior approaches, involved over 5,000 diamond...

2 weeks, 1 day ago