{"id":11845,"date":"2022-01-12T16:38:52","date_gmt":"2022-01-12T16:38:52","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/?p=11845"},"modified":"2022-01-12T15:47:01","modified_gmt":"2022-01-12T15:47:01","slug":"triton-minerals-identify-9million-in-alternative-funding-for-ancuabe-pilot-plant","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-identify-9million-in-alternative-funding-for-ancuabe-pilot-plant","title":{"rendered":"Triton Minerals identify $9million in alternative funding for Ancuabe pilot plant"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Triton Minerals (TON) has identified US$7 million (A$9.76 million) of alternative funding options through the advancement of the modelling done by CPC Project Design at its Ancuabe Graphite Project in northern Mozambique.<\/p>\n

CPC Project Design was contracted to investigate the development and construction of the Commercial Pilot Plant (CPP) at theproject.<\/p>\n

The results of CPC\u2019s work found a reduction of initial direct funding requirements of 13 to 22 per cent for US$32 (A$44.6) to US$52 million (A$72.5 million) capital expenditure estimate.<\/p>\n

According to the announcement, TON contracted CPC to bring Ancuabe into production in the \u201cshort term, at a small scale, for low capex and on a commercially viable basis\u201d.<\/p>\n

Looking ahead, TON has committed to share the results of its strategic review and the CPP desktop study with its shareholders.<\/p>\n

TON also said it would continue finalising initial mine planning, additional off-take agreements, expressions of interests for alternative funding options and approvals.<\/p>\n

\u201cOnce again I am pleased to be able to report both rapid and positive results that the Triton board and management have been able to deliver in consultation with CPC Project Design, who we have engaged to assist with the investigation into the development and construction of the CPP,\u201d said Executive Director Andrew Frazer.<\/p>\n

Triton Minerals shares were up almost 3 per cent at today\u2019s open, trading at 3.5 cents.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Triton Minerals (TON) has identified US$7 million (A$9.76 million) of alternative funding options through the advancement of the modelling done by CPC Project Design at its Ancuabe Graphite Project in northern Mozambique. CPC Project Design was contracted to investigate the development and construction of the Commercial Pilot Plant (CPP) at theproject. The […]<\/p>\n","protected":false},"author":84,"featured_media":11844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-11845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nTriton Minerals identify $9million in alternative funding for Ancuabe pilot plant - Mozambique<\/title>\n<meta name=\"description\" content=\"Triton Minerals (TON) has identified US$7 million (A$9.76 million) of alternative funding options through the advancemen ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-identify-9million-in-alternative-funding-for-ancuabe-pilot-plant\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Triton Minerals identify $9million in alternative funding for Ancuabe pilot plant\" \/>\n<meta property=\"og:description\" content=\"Triton Minerals (TON) has identified US$7 million (A$9.76 million) of alternative funding options through the advancemen ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-identify-9million-in-alternative-funding-for-ancuabe-pilot-plant\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-12T16:38:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/01\/img-61def7dc5f4e2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-identify-9million-in-alternative-funding-for-ancuabe-pilot-plant#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-identify-9million-in-alternative-funding-for-ancuabe-pilot-plant\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Triton Minerals identify $9million in alternative funding for Ancuabe pilot plant\",\"datePublished\":\"2022-01-12T16:38:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-identify-9million-in-alternative-funding-for-ancuabe-pilot-plant\"},\"wordCount\":244,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-identify-9million-in-alternative-funding-for-ancuabe-pilot-plant#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/01\/img-61def7dc5f4e2.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-identify-9million-in-alternative-funding-for-ancuabe-pilot-plant#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-identify-9million-in-alternative-funding-for-ancuabe-pilot-plant\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-identify-9million-in-alternative-funding-for-ancuabe-pilot-plant\",\"name\":\"Triton Minerals identify $9million in alternative funding for Ancuabe pilot plant - 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