# 99.2% purity from first High Purity Graphite tests

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/99-2-purity-from-first-high-purity-graphite-tests--6688e421-7870-4d72-9124-21ff0cb9035b

Original source: https://www.londonstockexchange.com/news-article/TGR/99-2-purity-from-first-high-purity-graphite-tests/17806705

Publisher: lse

Original announcement: 2026-09-28T05:00:08.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-29T18:19:15.132Z

Atlas analysis updated: 2026-09-29T18:19:15.132Z

- Company: Total Graphite PLC

- Ticker: TGR

- Exchange: LSE

- Region: Madagascar

- Primary commodity: Graphite

- Secondary commodities: None reported

- Document categories: Metallurgy

- Extracted: 2026-09-29 18:19:15 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Total Graphite PLC has reported successful bench-scale test results achieving 99.2% Fixed Carbon \(FC\) purity from its Madagascan graphite using mild reagents. The company is now optimising the process to target 99.5% FC purity to supply high-value markets such as electric vehicle batteries.

Reasoning: Successful early-stage bench-scale purification of graphite to 99.2% FC demonstrates technical feasibility for high-value downstream products.

- Positive factor: Achieved high purity \(99.2% FC\) using mild reagents

- Positive factor: Targeting even higher purity \(99.5% FC\)

- Positive factor: High market value for target product \(US$3,500/t\)

- Positive factor: Environmentally conscious process \(no HF required\)

- Negative factor: Bench-scale results only; commercial scale not yet proven

Facts used in scoring: 1

## Classification and evidence

**Free Milling**

Polarity: positive

Definition: Simple, clean ore amenable to standard processing without oxidation.

Why it applies: The use of mild reagents and lack of HF requirement suggests a relatively simple purification process.

Evidence · text

> achieved purification of its Madagascan graphite up to 99.2% Fixed Carbon \("FC"\) by using mild reagents

**Bench Scale Only**

Polarity: negative

Definition: Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The results are explicitly described as bench-scale test work.

Evidence · text

> bench-scale test work in conjunction with research institutes has commenced

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: the document describes a flotation route \("concentrate"\)

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Metallurgical Results (1)

### bench-scale

[Link to this fact](https://atlas-staging.minestarters.com/news/99-2-purity-from-first-high-purity-graphite-tests--6688e421-7870-4d72-9124-21ff0cb9035b#fact-metallurgical-facts-0)

Vatomina · graphite

#### Identity

- Project: Vatomina
- Commodity: graphite
- Region: madagascar
- Reported Region: Madagascar
- Ticker: TGR

#### Test Work

- Program Status: preliminary
- Test Type: bench-scale
- Processing Route: purification using mild reagents
- Sample: Madagascan graphite bench-scale test work

#### Recovery

- Recovery Basis: actual\_test
- Conc. Grade: 99.2
- Conc. Grade Unit: % FC

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-28T00:00:00.000Z

Reasoning: 99.2% FC is a significant technical milestone for downstream value addition.

- Positive factor: High purity achieved

- Positive factor: Mild reagents used

Evidence · text

> achieved purification of its Madagascan graphite up to 99.2% Fixed Carbon \("FC"\) by using mild reagents

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.