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IN BRIEF: Tirupati Graphite commissions first module at Vatomina

6th Sep 2021 11:41

Tirupati Graphite PLC - graphite mining and processing company - Completes the installation and commissioning of its first 9,000 tonnes per annum flake graphite module at its Vatomina project in Madagascar. The company notes it brings the total production capacity in Madagascar to 12,000 tonnes per annum on the path to reaching total production capacity of 84,000 tonnes per annum by 2024.

"This is an important milestone as it now brings both our Madagascan projects into operation and advances us on our journey of becoming a material global supplier of sought-after Madagascan flake graphite," says Chief Executive Shishir Poddar.

Current stock price: 112.44 pence

Year-to-date change: up 73%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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