Triton’s portfolio of Mozambican graphite projects are located in the prime position in Africa’s only producing graphite region
Mozambique: The premier location for graphite
- Mozambique is a stable jurisdiction, with a pro-resource development government
- Cabo Delgado is a proven graphite producing region with two operating graphite mines adjacent.
- The AMG GK mine is immediately adjacent to Ancuabe
- Syrah Resources Balama mine is close by (150km’s West) which is the world’s largest graphite producing
Ancuabe Graphite Project
- Triton’s Flagship project with a robust Definitive Feasibility Study1(DFS) completed in 2017
- 46 MT Resource @ 6.6% TGC and 24.9 MT Reserve @ 6.2% TGC
- 59% large flake graphite (>180µm), 32% jumbo flake graphite (>300µm)
- Robust Financials of NPV US$298 million, IRR 37%
- Project will produce a diverse range of graphite concentrates which are suited to the expandable, battery and refractory graphite markets
- Concentrate is predominately large flake and high purity graphite (56%), which commands a premium price
- 20% of the concentrate is also fine flake which is suited for the emerging battery graphite market
- A large local work force which is well trained and educated
- Access to establish infrastructure such as roads, power and close to two Indian Ocean container ports
Triton aims to be the next East African graphite producer
- Targeting production of 60,000 tonnes of high purity, large flake, graphite concentrate per annum
