Tirupati Graphite Ramps Up High-Grade Production

Tirupati Graphite Plc (GB:TGR) has released an update.

Tirupati Graphite Plc has commenced full-scale mining operations at its Vatomina project, focusing on high-grade flake graphite production, which is on track to meet its goal of 8,000 tons per annum. The company has successfully overcome minor issues in early August, achieving a steady production rate and has already begun global shipments of the finished product. Additionally, the company is managing its capital needs while seeking to resolve outstanding VAT refunds from the Madagascan government.

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