Total Graphite Begins Portfolio Optimization for Madagascar Operations
Total Graphite, an Aim-listed company, has initiated a portfolio optimization program for its operations in Madagascar. This move follows significant operational improvements and the expansion of production capacity at the Vatomina project. The company aims to evaluate strategic alternatives to accelerate development and maximize shareholder value. Options under consideration include funding strategies, strategic partnerships, joint ventures, and potential asset sales. The board has received expressions of interest for certain assets, indicating progress in the operational turnaround. Total Graphite is focused on building an integrated graphite mine-to-materials platform, serving global energy transition markets. Recent upgrades have increased the Vatomina project's production capacity and improved infrastructure. 
