29 February 2024
Tirupati Graphite plc
('Tirupati', 'TG' or
the 'Company')
Directorate Change
Tirupati Graphite plc (TGR.L,
TGRHF.OTCQX), the specialist flake graphite company and
supplier of the critical mineral for the global energy transition,
announces that Ms. Isabel de Salis has resigned as a Non-Executive
Director of the Company with immediate effect.
The Board now constitutes two members, of which
one is a Non-Executive Director. The Company will be reviewing the
composition of the Board with a view to expanding it in the near
term.
Shishir Poddar,
Executive Chairman, said:
"On behalf of
the board, I would like to thank Isabel for her contribution to the
company. She has been a valued colleague and we wish her well in
her future endeavours."
ENDS
For further information, please
visit https://www.tirupatigraphite.co.uk/ or
contact:
Tirupati
Graphite Plc
Puruvi Poddar - Chief of Corporate &
Business Development
|
admin@tirupatigraphite.co.uk
+44 (0) 20 39849894
|
Optiva
Securities Limited (Broker)
Ben Maitland - Corporate Finance
Holly Ritson - Corporate Broking
|
+44 (0) 20 3034 2707
+44 (0) 20 3981 4173
|
FTI Consulting
(Financial PR)
Ben Brewerton / Nick Hennis / Lucy
Wigney
|
+44 (0) 20 3727 1000
tirupati@fticonsulting.com
|
About Tirupati
Graphite
Tirupati Graphite Plc is a specialist Graphite
producer and a supplier of the critical mineral for a decarbonised
economy and the energy transition. The Company places a special
emphasis on green applications including renewable energy,
e-mobility, energy storage and thermal management, and is committed
to ensuring its operations are sustainable.
The Company's operations include primary mining
and processing in Madagascar where the Company operates two key
projects, Sahamamy and Vatomina with a combined 30,000 tpa of
currently installed capacity, producing high-quality flake graphite
concentrate with up to 97% purity and selling to customers
globally.
The Company also holds two advanced stage,
world class, natural graphite projects in Mozambique. Work has
already commenced to optimise the economics for development of the
Montepuez graphite project, which is permitted for 100,000tpa
production and where substantial construction work has already been
undertaken by the predecessor.