(via NewsDirect)
Puruvi Poddar, chief of business and corporate development at
The company's shares jumped 25% on Monday on news that
Currently, while 70% of natural flake graphite is produced in
Poddar revealed that the company aims to capture 8% of global supply by 2030. She also mentioned that the demand for flake graphite is projected to surge, potentially quintupling over the next decade.
On the supply side, Tirupati Graphite has been successful in consistently growing its production, capitalizing on its technological expertise. The firm has also established diversified off-take agreements with companies worldwide, catering to both industrial and energy transition applications. Poddar anticipates a rise in flake graphite prices due to increasing demand and supply bottlenecks.
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