Sahamamy, the first of six planned flake-graphite production plants modules to be built in Madagascar, is on target to achieve full capacity in Q4, 2019.
Shishir Poddar, Tirupati Graphite Executive Chairman and MD, says:
“With Sahamamy achieving almost 75% of its target production rate and the construction of the 6,000 tpa module in Vatomina well underway, we are on track to deliver the 2019 milestones on schedule and within budget in Madagascar.
“Furthermore, the start of production and launch of ‘CarboflameX’ from the Patalganga flame retardant graphite plant, illustrates our ability to climb up the value chain ladder, thereby firmly positioning ourselves as a specialist flake graphite company supplying to the extensive arena of fast-growing end markets.
Read more about mining in East Africa
“We are now focussed hitting our 2020 target to reach 27,000 tpa primary capacity in Madagascar, as well as commence the first phases of our downstream high purity hi-tech flake graphite products project and Technology and Graphene centre projects in India.
“Our modular development strategy is now bearing fruits as we build significant positive cash flow. For that, I must thank our excellent teams in the UK, Madagascar and India, which are capable of delivering across our projects.”