Tirupati Graphite Plc (GB:TGR) has released an update.
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Tirupati Graphite Plc, a flake graphite producer key to the global energy transition, has announced the engagement of Musst Investments LLP and ViTa-Connect LLC as financial advisers to aid in raising up to £83 million for expansion and working capital. The company aims to leverage its unique position as a non-China flake graphite supplier to scale production in Madagascar and Mozambique amidst a growing supply deficit. Strategic partnerships and negotiations are underway, demonstrating Tirupati’s commitment to cementing its role in the clean energy sector.
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