TRITON MINERALS WKN: A0NGHD ISIN: AU000000TON7 Kürzel: TON Forum: Aktien Thema: Hauptdiskussion

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Web Mehr Ungelesen Premium Graphite Developer Confirms Product Suitable for High-Growth Lithium-ion Battery and Expandable Graphite Markets Posteingang H  HotCopper Advertising an mich vor 48 Minuten Details This is a paid advertisement from Triton Minerals Ltd. HotCopper does not endorse, approve or have responsibility for the particular offer or statements made. Premium Graphite Developer Confirms Product Suitable for High-Growth Lithium-ion Battery and Expandable Graphite Markets Triton Minerals (ASX: TON), a leading graphite developer, is pleased to announce high-grade graphite exploration results and outstanding metallurgical testwork at the flagship Ancuabe Graphite Project:   Metallurgical testwork confirms coarse, high-purity graphite suitable for lithium-ion batteries and expandable graphite marketsExposure to high-growth electric vehicle and battery storage markets, new Chinese building regulations that require flame retardant material (expandable graphite), and specialist graphite applications in the aerospace and nuclear sectorsAncuabe Graphite more than 56% large flake graphite and concentrate purity up to 99.2%, superior to peersStrategic alliance with Advanced Metallurgical Group (US$525m European speciality metals company) which owns adjacent graphite mine scheduled to return to production in 2017    Ancuabe Graphite Project close to existing infrastructure including power and sealed roads, located just 50km from the Port of PembaFast-tracking development with Scoping Study to be released March 2017Strong balance sheet to accelerate development with $7m cashBacking of major shareholder Shandong Tianye (20%) – Chinese resources company buying Kalgoorlie’s Super Pit (50% for A$1.8bn) and Hanking Southern Cross Gold Mine (A$330m)   Significant near-term share price catalysts: Ancuabe Scoping Study – March 2017Upgraded JORC Resource at Ancuabe, including new T16 discovery – March 2017Ongoing exploration results and assays from 2016 drilling programEnvironmental and development studies   Triton’s Managing Director Peter Canterbury said:   “Ancuabe’s outstanding metallurgical test work results demonstrate large flake graphite and high purity levels, ideally suited for the lithium-ion and expandable graphite markets. These results differentiate Triton from graphite peers with predominantly medium or small flake size deposits.     Triton is focused on fast tracking development studies for Ancuabe and looks forward to updating investors regularly in coming months, including an upgraded JORC resource, exploration results and Ancuabe Scoping Study in March 2017.”