Tiirupati Graphite PLC (LON:TGR) has successfully completed trials and tests for the manufacture of battery grade spherical graphite, used in the anode of lithium-ion batteries. The trials and tests were conducted in tandem with a globally recognised German manufacturer of spheroidisation and micronisation equipment, achieving significant results in the end product.
The company has commissioned development and optimisation for the first in a series of commercial scale 3,000t per year spherical graphite manufacturing plants with a German specialist. and initiated discussions with prospective buyers, including automobile majors, battery and anode manufacturers.
“With EV markets evolving faster than ever before and an increased focus on reducing emissions from mobility, coupled with the daily evolving geo-political situations, it is an extremely important and opportune time for us to concentrate our efforts in fast tracking the development of commercial capacities for spherical graphite manufacturing,” said executive chairman Shishir Poddar.
“Our green credentials with zero-waste purification technology give us the ability to manufacture and supply our SPG products to EV makers as a preferred source, and we are very well positioned to benefit as an eco-friendly ex-China source of this critical material.