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An announcement from Tirupati Graphite Plc ( (GB:TGR) ) is now available.
Tirupati Graphite Plc has announced the appointment of Peter Thomas as Interim Chief Financial Officer, who will focus on completing the statutory audit for the year ended 31 March 2024 and improving the financial systems and reporting. The company also provided an operational update on its projects in Madagascar, where efforts are underway to restart production and enhance capacity to meet global demand for flake graphite. The management is actively engaging with customers and suppliers to coordinate operations and is exploring vertical integration to add value to its graphite processing capabilities.
More about Tirupati Graphite Plc
Tirupati Graphite Plc is a specialist graphite producer focused on supplying critical minerals for a decarbonized economy and energy transition. The company emphasizes sustainable operations with green applications in renewable energy, e-mobility, energy storage, and thermal management. It operates primary mining and processing projects in Madagascar and holds advanced-stage natural graphite projects in Mozambique.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £8.09M
For a thorough assessment of TGR stock, go to TipRanks’ Stock Analysis page.
