Total Graphite Plc · LSE:TGR
Total Graphite — Corporate Update (June 2026)
16 slides from Total Graphite's corporate update, June 2026
Slide 1: An Emerging Graphite Mine-to-Materials Business
An Emerging Graphite Mine-to-Materials Business PORTFOLIO OPTIMISATION PROGRAMME June 2026 LSE: TGR
Slide 2: Disclaimer
Disclaimer The information contained in this document (the "Presentation") has been prepared by Total Graphite plc (formerly Tirupati Graphite plc, the "Company") solely for informational purposes. It has not been fully verified and is subject to material updating, completion, revision, verification
Slide 3: Graphite Portfolio Optimisation Programme
Graphite Portfolio Optimisation Programme Initiated to unlock and deliver value for shareholders The Board believes there is a significant disconnect between the underlying intrinsic value of the Company’s portfolio of world-class graphite assets and its current market valuation relative to listed p
Slide 4: Peer P/NAV Comparison
Peer P/NAV Comparison Trading at a c.92% discount to the listed peer median (market cap / project NPV) MARKET CAP / PROJECT NPV DISCOUNT TO PEER MEDIAN Peer Mkt cap / NPV NextSource 0.370x NextSource Materials 0.37x Syrah 0.250x Syrah Resources 0.25x EcoGraf 0.240x EcoGraf 0.24x Talga Group 0.100x T
Slide 5: Portfolio Overview
Portfolio Overview Vertically-integrated portfolio across mining and downstream processing | >150 Mt graphite resources across four projects Asset Country Type Status Montepuez Graphite Project Mozambique Flake graphite mine Permitted; updated DFS underway USA — Reno, Nevada (base Anode Facility (PS
Slide 6: Mozambique — Project Location Map
Mozambique — Project Location Map World-class graphite assets in Cabo Delgado Province, Northern Mozambique STRATEGIC LOCATION HIGHLIGHTS ■ Cabo Delgado Province — globally significant flake graphite district ■ Montepuez: Elephant + Buffalo deposits; 100,000 tpa fully permitted ■ Balama Central: str
Slide 7: Montepuez Graphite Project
Montepuez Graphite Project Mozambique | Flagship development asset | Permitted for 100,000 tpa MINERAL RESOURCES PRODUCTION TARGET ECONOMICS 119.6 Mt 100,000 tpa NPV $146m @ 8.1% TGC for 9,670 Kt contained graphite (CPR 30 Sep Flake graphite concentrate; 30-year mine life (2017 DFS) IRR 21.4%, capex
Slide 8: US Anode Facility (PSG PFS)
US Anode Facility (PSG PFS) United States | Downstream PSG / anode opportunity | IRA-aligned supply chain PRODUCTION TARGET ECONOMICS MINE TO ANODE: CONSOLIDATED 10-20,000 tpa NPV $377m NPV $524m Purified Spherical Graphite (PSG) at 99.99% purity + IRR 76.5%, payback ~1.5 years, capex $48m (2017 PFS
Slide 9: Balama Central Graphite Project
Balama Central Graphite Project Mozambique | High-grade development project | Strike extension of Syrah’s Balama MINERAL RESOURCES PRODUCTION TARGET ECONOMICS 57.9 Mt 58,000 tpa NPV $369m @ 7.9% TGC for 4,560 Kt contained graphite (CPR 30 Sep Flake graphite concentrate; 42-year mine life (2018 PFS)
Slide 10: Madagascar — Project Location Map
Madagascar — Project Location Map Vatomina and Sahamamy projects in east-central Madagascar STRATEGIC LOCATION HIGHLIGHTS ■ East-central Madagascar — established flake graphite district ■ Vatomina: producing flake graphite mine; ramp-up to 18,000 tpa ■ Sahamamy: 8 km west of Vatomina; near-term rest
Slide 11: Vatomina Project
Vatomina Project Madagascar | Operating flake graphite mine | Nameplate expanded 12,000 → 18,000 tpa MINERAL RESOURCES PRODUCTION TARGET STATUS 12.6 Mt 18,000 tpa In production @ 4.1% GC (Indicated + Inferred); exploration target 8– Flake graphite concentrate; 4× PCU + Final Concentrate Restarted Ap
Slide 12: Sahamamy Project
Sahamamy Project Madagascar | Near-term restart opportunity | 8 km west of Vatomina MINERAL RESOURCES PRODUCTION TARGET STATUS 6.4 Mt 18,000 tpa C&M @ 4.2% GC (Indicated + Inferred); exploration target 5–7 Potential additional flake graphite concentrate capacity On care & maintenance; redevelopment
Slide 13: Graphite Trading Business
Graphite Trading Business Global | Launched April 2026 | Proof-of-concept established STAGE ACTIVITY PRODUCT SCOPE Proof of concept 900 MT pipeline 4 product lines Launched April 2026; trading and supply relationships First transactions settled; expanding customer book Natural flake, synthetic, reca
Slide 14: Industrial Downstream Plant
Industrial Downstream Plant Potential value-adding downstream processing opportunity STAGE PRODUCTION TARGET ECONOMICS Under evaluation TBC TBC Concept-stage opportunity; feasibility work to be scoped Industrial graphite product specifications under Economic and engineering scoping work to follow ev
Slide 15: Board & Management
Board & Management An experienced leadership team to drive the Portfolio Optimisation Programme BOARD OF DIRECTORS SENIOR MANAGEMENT Christian Dennis Arun Somani Interim Non-Executive Chairman Chief Executive Officer CEO of Optiva Securities Limited. Appointed Interim Chairman for continuity through
Slide 16: Get in touch
PORTFOLIO OPTIMISATION PROGRAMME A world-class graphite portfolio Get in touch Interested parties should contact the Company or its advisers using the details below Mozambique Two world-class flake graphite projects United States THE COMPANY PSG / anode opportunity (Reno) Madagascar Total Graphite p