Mozambique Mining: Triton signs offtake agreement with Chinese buyers for Ancuabe graphite

Triton Minerals has signed a five-year offtake agreement to supply China-based Qingdao Tianshengda Graphite with graphite from the Ancuabe project, in Mozambique. Advertisements

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Mozambique Mining: Triton Minerals raises funds for graphite mining in the country

Triton Minerals intends to raise 11.3 million Australian dollars through a share issue in order to continue graphite exploration in northern Mozambique, the Australian company said in a statement Thursday. Under this initiative, GMP Securities Australia agreed to issue shares of up to 4 million Australian dollars through a set of standard conditions in contracts of this kind.

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Africa Graphite Mining: Mozambique, Madagascar, Namibia and Tanzania

Tesla Motors (NASDAQ:TSLA) has expressed an interest in sourcing graphite for its lithium-ion battery gigafactory from North America, and as a result, many investors are excited about companies focused on that region. 

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Mining Industry News: Mozambique set to become leading global graphite producer

Mozambique, as well as being a worldwide coal producer, is to establish itself as a major exporter of graphite, and in China has found a preferential market for this mineral. A recent analysis of samples collected in Mozambique by Australia’s Triton Minerals concluded that the graphite concentrate can be used to manufacture batteries, specialty products, steel and refractories, lubricants for the automotive and electrical sector and other products.

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Mozambique Graphite Mining: Triton soars by 65% after $2bn Chinese offtake deal

The share price of graphite hopeful Triton Minerals soared by nearly 65% on Wednesday, as the company announced that it had signed a binding offtake agreement worth $2-billion. Under the terms of an agreement inked with China’s Yichang Xincheng Graphite Company, Triton would supply 100 000 t/y of graphite concentrate for a period of 20 years, with the graphite to be priced at a minimum sales price of $1 000/t.

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Mozambique Mining: Metals of Africa gets mining concession for Central Balama graphite project

Mining company Metals of Africa has completed the process of buying a grant of 9,000 hectares owned by Dombeya Mineração Lda. in northern Mozambique, the Australian company said Thursday. The negotiation process for buying the license (No. 4118), for the Central Balama project was announced in the middle of last year, with Metals of Africa deciding to go ahead with the purchase after assessing the results of several studies, including a geological survey (“Versatile Time…

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Mozambique Mining Industry: Ancuabe project provides more graphite to Triton Minerals

Australia’s Triton Minerals has discovered new graphite outcrops following a mapping and sampling programme in the Ancuabe project in northern Mozambique, the company said in a statement issued Wednesday. The chief executive of the company, Brad Boyle said “these latest results are another step forward in our intention to produce a lot of high-quality graphite concentrates.”

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Mozambique Mining Industry: Triton Minerals claims largest world class grahite deposite find

Australian mining group Triton Minerals claims to have discovered the world’s largest deposit of graphite in the region of Nicanda mountain, in Mozambican province of Cabo Delgado, which contain more than 115.9 million tons of this mineral as reported by Lusa, the portuguese news agency.

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We Thought You Should Know This: WHO’S WHO in Mozambique Mining Business Schemes

“Mozambican businessmen Edson Tomas Sixpense and Dercio Lionel Alexandre Chiziane, co-founders of Grafex Limitada, were warmly greeted by Brad Boyle, Triton Minerals managing director (…)” – By Africa Mining Intelligence

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