Tirupati Graphite Plc (GB:TGR) has released an update.
Tirupati Graphite Plc, a leading flake graphite producer, has reported a 70% increase in sales revenue and a 49% rise in production for the fiscal year ending March 31, 2024, despite operational challenges including COVID-19 and adverse weather. The company has made significant progress in expanding its resource base and customer portfolio, positioning itself as a key supplier of the critical mineral outside China. Amidst corporate governance improvements, Tirupati is actively seeking independent board appointments and is engaging with financial institutions for potential expansion funding.
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