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Australian company Triton Minerals has signed an agreement to establish a strategic alliance for Mozambique with the AMG Mining AG group through its subsidiary GK Ancuabe Graphite Mine, the company said in a statement issued Tuesday.
The strategic alliance has an initial validity of two years, during which the parties will cooperate in the exploration, identification and development of graphite occurrences in Ancuabe district of Cabo Delgado province, northern Mozambique.
The intervention area of this partnership is located approximately 45 kilometres west of the provincial capital, Pemba, with access by road to the town of Ancuabe.
The assets of GK Ancuabe Graphite Mine in Mozambique include a graphite processing plant and mining and associated production facilities and those of Triton Minerals completely surround this mining concession.
AMG Mining AG is a group with several subsidiaries specialised in products such as aluminium alloys and powders, titanium alloys, ferro-vanadium, natural graphite, antimony tantalum, with production centres in Germany, the United Kingdom, France, the Czech Republic, USA, China, Mexico, Brazil, Turkey and Sri Lanka.
A study of Triton Mineral’s Monte Nicada project in Mozambique determined that the concession can support an annual output of 210,000 tons of graphite concentrate.
