Total mining permit area of 33 km2 with permits issued for 40 years and further renewable. Two projects at an aerial distance of 8 km from each other.
The projects are external infrastructure ready with the national highway NH2 connecting them to main port Tamataveand capital city Antananarivo. This port is well connected with multiple shipping lines operating regularly and shipping worldwide. The port is at a distance of 70 km from the project. The company also has a warehouse at the port. Madagascar is also very well located on the globe with proximity to all consuming centers - Europe, USA and Asia.
Madagascar has a stable jurisdiction and policy for mining and processing industry. Graphite mining started in Madagascar in 1907 and is known to be of exceptional quality. It has a conducive and welcoming investment atmosphere. Madagascar's mining code also provides tenement security and 100% foreign ownership. Tirupati and its highly experienced in-country team enjoy high repute, goodwill and support from the Madagascar government and the local people. The company was allocated a prime office by the Government in the Mining Business Centre, as a grand investor. Our projects are both fully permitted - all ends like environmental, with a total permit area of 33 km2 and 40 years mining permit and further renewable. The company has a community development program for the locals and is well connected to them.
Madagascar offers weathered low cost saprolite hosted graphite deposits with a large concentration of high quality jumbo and large flakes and crystalline structure. Madagascar offers free dig mining with easy liberation and flake size retention possible, with great efficiency and a lean process, due to the company's expertise and experience.
The company plans to expand modularly reducing project risks substantially, systematically developing markets and lowering the gestation period.
Tirupati has decades of proven expertise, design, technology, engineering and operations in graphite mining, processing and marketing. We design and manufacture most of the processing equipment in-house. All these strengths and a cost-conscious approach makes Tirupati a very low CAPEX and OPEX producer.
The company is on schedule for these developments, details of which can be found on the individual pages of each project