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 facility.
Triton is currently developing its flagship Anucuabe Graphite Project into development.
Ancuabe’s large flake and high purity graphite is a key differentiator and is well-positioned to be a market leader in the expandable graphite market.
In December 2017 triton completed a Definitive Feasibility Study (DFS), which confirmed robust economics and a high quality, high margin graphite project with a long mine life.
In October 2021 Triton commenced a Strategic Review and Desktop Study of the Ancuabe Graphite Project, focused on bringing the Company’s flagship project into production in the short term, at a small scale but on a commercially viable basis.
From this Strategic Review and Desktop Study a “New Approach to the development of Ancuabe Project has been developed, which is a Commercial Pilot Plant (CPP). The CPP is planned to a 250ktpa processing plant producing 15,000 to 17,000 tpa of graphite concentrate on a commercially viable basis and quickly as possible.
Triton is ideally positioned to become a significant player in one of the fastest developing markets globally.