StratMin-Tirupati deal a new model for graphite mining
Published: Monday, 22 June 2015
The public-private partnership establishes an unconventional funding situation for the JV, reassuring StratMin investors with the addition of expertise while offering Tirupati its first exposure to capital markets.
joint venture (JV) announced last week between UK-based
StratMin Global Resources Plc and India’s
Tirupati Carbons and Chemicals Ltd is about more than
bringing a new
graphite mine online.
Aside from mutually funding the development of a 12,000 tpa
flake graphite project at Vatomaina in northeast Madagascar,