TIRUPATI GRAPHITE - SEARCH RESULTS
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"This provides us with additional revenues and operational margins to partially fund our development funding costs going forward."
“We will continue to be pragmatic in developing additional capacities which are planned and aligned with the graphite markets."
“The Far East hosts extensive industrial and speciality graphite markets, which imports almost all of its graphite primarily from China."
Tirupati Graphite, the flake-graphite company, has announced the commissioning of a 3,000 tpa plant at the Sahamamy Project.
Tirupati Graphite has set itself the ambitious target to meet 100% of the power requirements for its Madagascan projects using hydropower.
Capacity will increase by by 50% to a planned production of 9,000 tpa. This will result in an increase to near-term cash flows.
Tirupati has engaged the corporate securities law firm of Galanopoulos & Company to act as its OTC Markets Sponsor.
"This takes us one step further towards our goal of increasing capacity in Madagascar to 30,000 tpa by Q1 2022 and 84,000 tpa by 2024."
"With this milestone reached we continue to expand our mining and processing operations to become a global leader in the graphite market."