Triton Minerals (TON)

Business description

Triton Minerals is an exploration and development company. Its main focus is the development of its graphite exploration licences in Mozambique, initially the Ancuabe graphite project, which is being developed to feed into the high growth expandable graphite and nascent, but high-growth, lithium-ion battery sector.

Ancuabe - broad high purities, great location

QuickView | Mining | 03/02/2017

Located near to excellent infrastructure in Mozambique, including the port of Pemba, in a proven graphite-producing region, Triton’s exploration licences (including its new flagship Ancuabe project) point to a potentially higher-value graphite resource due to higher purity levels being achieved across a broad range of size fractions via a simple flotation process. However, purity figures are based on limited test data, so Triton is expediting its understanding of Ancuabe material and its suitability for use in the high-growth lithium-ion batteries (LiBs) and expandable graphite end-markets. After these assessments and the release of a maiden JORC resource (due in Q117), Triton intends to fast-track a PFS.

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