Specialist graphite producer and graphene developer Tirupati Graphite is on track to commission its Vatomina graphite project in Madagascar in Q2, 2021.
Since listing on the main market of the London Stock Exchange on 14 December 2020, Tirupati Graphite has continued to advance its operations across its portfolio including its two primary mining and processing projects in Madagascar, Vatomina and Sahamamy, and its speciality graphite and graphene processing businesses in India.
In Madagascar, the company’s strategy is to increase its production capacity of high-quality flake graphite concentrate with up to 96% purity to 81 000 tpa by 2024 from the current 3 000 tpa produced at Sahamamy and sold to customers globally.
In line with this, the company is on track to commission Vatomina in Q2, 2021 and build its production to 6 000 tpa – having commenced the final phase of construction for the first module; this will take the capacity across both projects to 9 000 tpa of flake graphite.
The following workstreams have been initiated across the projects:
- Construction activities for the processing plant and related infrastructure in Vatomina;
- Strengthening and extension of internal road infrastructure at Vatomina;
- Acquisition of additional land surface rights to expand the existing land bank in the Vatomina Permit area for extensions of mineralisation;
- Procurement of earthmoving equipment and the balance of processing plant equipment;
- Hiring of additional human resources;
- Construction of the new road connecting the Vatomina and Sahamamy projects.
- Preparation of the Sahamamy project for further capacity development; and
- Preparations for the next phase of exploration activities to upgrade and expand the existing mineral resource inventory across both projects.
The earth work conducted annually in mining activities is expected see an increase from current c. 200 000 tpa to c. 600 000 tpa across the projects upon completion, while the output of by-product sand is expected to see an increase from current c. 30 000 tpa currently used internally to c. 90 000 tpa.
“The expansion of primary graphite output from our Madagascan projects to reach 9 000 tpa capacity is another important milestone and constituent of our development plan,” says Tirupati Graphite CEO Shishir Poddar.
“The demand within the flake graphite market is increasing, which is helpful in our endeavours to expedite the delivery of additional capacity. Commission of the Vatomina project will help us further develop the existing markets for our flake graphite and provide quality inputs for our downstream speciality graphite projects.”