TGR has reached 30,000tpa capacity in Madagascar an today announced it had managed to produce and sell even higher quality graphite from there, increasing the quality it is capable of producing to a 97% level of purity for its large flake concentrate - it also announced an expected increase in its overall average basket price for the next financial year - great that BAT will become a significant shareholder in TGR which is v well
placed to develop the Mozambique assets. It is going to
84,000tpa+ in Madagascar via modular development (adding 18,000tpa modules at a time) so will be in a strong financial position as time continues to pass
Ann: Completion of Mozambique Graphite Transaction, page-9
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