Total Graphite Plc (LSE:TGR) has resumed activity at its Vatomina flake graphite project in Madagascar after completing a recent fundraising. The restart includes maintenance work, renewed mining and processing, and the resumption of shipments to global customers. The company has also taken steps to improve operational stability, including increasing drying capacity, building up spare parts inventory, and planning a full-year mining schedule alongside a 12-month drilling campaign. It is additionally assessing solar power options to help manage rising fuel costs.
Production is expected to scale up further as additional pre-concentrate units are relocated and brought back online by June. Stockpiled ore is being used to reduce the impact of weather-related disruptions. Alongside this, the company has begun redevelopment planning at its nearby Sahamamy project, including proposals to significantly expand hydropower capacity. Sahamamy is being positioned as a potential 18,000 tonnes-per-annum growth asset, supporting Total Graphite’s broader strategy to expand its presence in Madagascar amid strong demand for flake graphite.
More about Total Graphite Plc
Total Graphite Plc is focused on the production and supply of flake graphite, a key material in energy transition industries. Operating in Madagascar, the company’s core assets include the Vatomina and Sahamamy projects, which are aimed at serving international markets seeking alternative graphite supply outside of China for industrial and battery applications.
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