Tirupati Graphite PLC Rescheduling of Full Year Results (0720Z)
September 12 2022 - 2:20AM
UK Regulatory
TIDMTGR
RNS Number : 0720Z
Tirupati Graphite PLC
12 September 2022
Monday 12 September 2022
Tirupati Graphite plc
('Tirupati', 'TG' or the 'Company')
Rescheduling of Full Year Results
Tirupati Graphite plc (TGR.L, TGRHF.OTCQX) announces that its
audited results for the 12 months ended 31 March 2022, which were
to be announced today, will now be announced later this month. The
company shall also refrain from other announcements on updates
until later part of this month.
In the meantime, the company confirms that its operations and
developments are progressing as per plans.
ENDS
For further information, please visit https://www.tirupatigraphite.co.uk/ or contact:
Tirupati Graphite Plc
Puruvi Poddar - Chief of Corporate & admin@tirupatigraphite.co.uk
Business Development +44 (0) 20 39849894
Optiva Securities Limited (Broker)
Ben Maitland - Corporate Finance +44 (0) 20 3034 2707
Robert Emmet - Corporate Broking +44 (0) 20 3981 4173
FTI Consulting (Financial PR) +44 (0) 20 3727 1000
Ben Brewerton / Nick Hennis / Kelly tirupati@fticonsulting.com
Smith
About Tirupati Graphite
Tirupati Graphite Plc is a specialist graphite and graphene
company. The Company places a special emphasis on "green"
applications, including renewable energy and energy efficiency,
energy storage and thermal management and is committed to ensuring
its operations are sustainable as well.
The Company's operations include primary mining and processing
in Madagascar, where the Company operates two key projects,
Sahamamy and Vatomina; 12,000 tpa installed capacity of
high-quality flake graphite concentrate with up to 96% purity is
currently being produced and sold to customers globally, planned to
increase to 84,000 tpa by end 2024 as per the Company's modular
medium-term development plan.
The Company has an acquisition agreement, subject to regulatory
approvals, with Tirupati Speciality Graphite Private Limited
('TSG'). TSG operates and is developing a suite of speciality
graphite for use in hi-tech applications like lithium-ion
batteries, fire retardants, thermal management, and composites. It
also operates a technology centre developing advanced materials
including graphene and its applications, and mineral processing
technology on commercial basis. The Company is working on various
possibilities in this respect as announced by RNS on 11 July
2022.
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END
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