Triton Minerals

Primary ticker: ASX:TON
Stage of development: Development
Primary minerals: Graphite
Project to promote: Ancuabe

Live financials

Triton is an emerging graphite producer with three world class assets in Mozambique ideally positioned for the forecast growth in the expandable and battery markets. Ancuabe early works are underway for a 60ktpa high purity large flake long-life project with the DFS demonstrating very robust economics located in a proven graphite region and the closest of all East African graphite companies to port and infrastructure . Testwork demonstrated >55% of the resource is large/jumbo flake with average grade of 97.5% TGC. Triton’s portfolio also includes the world’s largest flake graphite deposit, suited to the battery market.

Management Profile

Peter Canterbury – Managing Director

Peter Canterbury is a highly regarded senior executive with significant knowledge of project development in Australia, Europe and Africa. Previously CEO of Bauxite Resources and CFO of Sundance Resources. At Sundance he led the negotiation of the Cameroon Mining and Development convention for the US$5billion integrated iron ore mine rail and port project. From 2001 to 20017, he was CFO of Dadco Europe, which owns the Stade Alumina refinery in Germany and a share in the CBG bauxite mine in Guinea and 1989-2001 held various management roles in Alcoa.

What is your rationale for attending 121 Mining Investment?

Looking to increase the awareness of the advanced development of Ancuabe Project and the Potential of the Expandable Graphite Market for the Flame Retardant Building Industry Globally. We are also seeking quality equity investors to assist in the developing of its Ancuabe project and the world’s largest Graphite/Vanadium deposit at Nicanda Hill.

What recent news would you like to highlight to investors attending?

Execution of EPC Contract at significant discount to DFS estimate with LOI from major Chinese commercial bank for EPC Buyer’s credit concessionary debt for 85% of EPC contract value.
Mining Concession recommended by Mines Ministry and awaiting formal signature by Mines Minister.

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Finalisation of debt facilities, Notice to Proceed to EPC contractor, commencement of detailed engineering and placement of orders for long leadtime orders

6 Months:

Commencement of Construction at site

12 Months:

arrival of all major equipment on site

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Equity Financing and general market conditions

In a sentence, what do you think makes your company such a compelling investment?

Advanced high quality graphite projects suitable for the highest industrial growth areas