Tirupati Graphite plans to start producing 50,000 metric tons of graphite next year in Mozambique, targeting 8% of global output by 2030, its executive chairman has said. A critical material in the production of batteries used to store energy and power electric vehicles, graphite is mostly mined in China, Mozambique, Madagascar and Brazil. London-listed Tirupati acquired two graphite projects in Mozambique at Montepuez and Balama from Australian exploration firm Battery Minerals Ltd in April.
Tirupati Graphite plc ( LON:TGR ) has rebounded strongly over the last week, with the share price soaring 37%. But that...
Tirupati Graphite ( LON:TGR ) First Half 2023 Results Key Financial Results Revenue: UK£1.17m (up 108% from 1H 2022...