– UK, London – Tirupati Graphite plc (LON: TGR | OTC: TGRHFnew-age), the specialist graphite and graphene company developing sustainable new-age materials, today announced the appointment of Douglas Wright to its Board as a Non-Executive Director.
About Douglas Wright
Prior to joining Tirupati Graphite, Douglas Wright served as the Chairman of Kavango Resources, an LSE-listed mineral exploration company with operations in Southern Africa. Douglas has over 30 years of experience working in the City, including as a partner at City & Westminster Corporate Finance. Douglas Wright is an existing shareholder in Tirupati. Shishir Poddar, Executive Chairman, said: “We are pleased to welcome Douglas to the Tirupati Graphite Board as a Non-Executive Director. He brings an important level of knowledge and experience to the Company at an exciting time in our development.
We look forward to benefitting from Douglas’s wealth of relevant experience in the resources industry and capital markets.”
Douglas Wright said: “I am delighted to be joining Tirupati at such an exciting time in the Company’s journey. Graphite has a critical part to play in the global shift towards a net zero world, and Tirupati is set to play a key role as the Company progresses towards its target of providing approximately 8% of global flake graphite demand.”
About Tirupati Graphite
Tirupati Graphite Plc is a specialist graphite and graphene company. The Company places a particular emphasis on “green” applications, including renewable energy and energy efficiency, energy storage,e 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 operates and is developing a suite of specialty graphite for use in hi-tech applications like lithium-ion batteries, fire retardants, thermal management, and composites. It also operates a technology center developing advanced materials including graphene and its applications, and mineral processing technology on a commercial basis.
For more information: https://tirupatigraphite.co.uk/
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