Tirupati Graphite appoint Murat Dogan Erden as a Non-Executive Director

Tirupati Graphite
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Tirupati Graphite plc (LON:TGR, TGRHF.OTCQX), the specialist Flake Graphite company and supplier of the critical mineral for the global energy transition, has announced the appointment of Murat Dogan Erden as a Non-Executive Director on the Board of Tirupati Graphite, with effect from the close of the AGM on 26 October 2023.

Based in London, Mr. Erden’s career spans over 25 years, with an expertise in financial management within the Technology and Sustainable resources sectors. Murat to date has been a results-oriented Chief Financial Officer and Non-Executive Director, renowned for his international experience across private equity, publicly listed, and pre-listed technology and resource companies.

Murat also has a track record in Sustainable investments and emerging technologies. He served as Group CFO at NYSE-listed Turkcell, where he worked for 15 years, and made significant contributions to the Company’s financial success up until 2016. Murat is also Non-Executive Independent Chairman of ARCH Emerging Partners since 2018, an FCA registered specialist investment advisor with deep emerging market, private equity, and asset management experience.

Murat’s educational background is equally impressive, with degrees in Economics from Bogazici University, as well as an MBA in Finance from San Diego State University. He has continued to enhance his knowledge and skills by graduating from programmes at the London Business School and the Wharton Executive Development programs.

Shishir Poddar, Tirupati Graphite Executive Chairman, said:

“We are delighted to welcome Murat to the Board as a Non-executive Director. Murat brings deep knowledge and expertise across corporate finance, project finance and financial and business strategy. His interest in the energy transition economy and battery materials gel well with Tirupati, and I believe his experience and enthusiasm will deliver significant benefits. We look forward to working with him as we drive Tirupati forward to become a leader in the Flake Graphite market at such an important time for both the Company and the ex-China Graphite industry.”

Murat Dogan Erden, said:

“I am thrilled to join Tirupati and support its mission to drive the transition to a green economy and combat climate change.

“I believe that the sustainable production and utilisation of Graphite is a vital component of this endeavour given its role as an essential material for renewable energy storage, electric vehicles, and other eco-friendly technologies.”

Tirupati Graphite plc confirms that there is no further information to be disclosed under the requirements of Listing Rule 9.6.13 in relation to the appointment of Murat Dogan Erden.

Tirupati Graphite Plc is a specialist Graphite producer and a supplier of critical minerals for a decarbonised economy and the energy transition. The Company places a special emphasis on green applications, including renewable energy, e-mobility, energy storage, and thermal management, and is committed to ensuring its operations are Sustainable.

The Company’s operations include primary mining and processing in Madagascar, where the Company operates two key projects, Sahamamy and Vatomina with a combined 30,000 tpa currently installed capacity, producing high-quality Flake Graphite concentrate with up to 97% purity and selling to customers globally.

The Company has also acquired two advanced stage, and world class, natural Graphite projects in Mozambique, and has commenced work to optimise the economics for development of the construction initiated Montepuez project, which is permitted for 100,000tpa.

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