Upscaling of Vatomina Project s capacity in response to increased market demand Tirupati Graphite plc, the fully integrated, revenue generative, specialist graphite producer and graphene developer with operations in Madagascar and India, is pleased to announce that in response to continued increased demand for its high quality flake graphite from Madagascar, the Company will upscale the capacity of the first module at its Vatomina Project ( Vatomina ) by 50% to a planned production of 9,000 tonnes per annum ( tpa ), which will result in an increase to near-term cash flows from operations. Overview · Increased demand from current customers, including a London listed FTSE 250 company recognised as a global benchmark flake graphite user, and interest from new target buyers globally highlight the strong graphite market dynamics
Tirupati Graphite (LSE:TGR) | RNS | Tirupati Graphite - Upscaling Capacity at Vatomina Project, Madagascar
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