{"id":42710,"date":"2023-07-15T18:40:21","date_gmt":"2023-07-15T18:40:21","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-reports-promising-dfs-update-for-ancuabe-project-mozambique"},"modified":"2023-07-15T19:16:31","modified_gmt":"2023-07-15T19:16:31","slug":"triton-minerals-reports-promising-dfs-update-for-ancuabe-project-mozambique","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-reports-promising-dfs-update-for-ancuabe-project-mozambique","title":{"rendered":"Triton Minerals reports promising DFS update for Ancuabe project, Mozambique"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Triton Minerals (TON) has reported an interim update to the definitive feasibility study (DFS) for its Ancuabe graphite project in Mozambique \u2013 posting strong operational and financial improvements.<\/p>\n

Overall capital expenditure has fallen some $9 million from USD$99.1 million to US$90.3 million.<\/p>\n

The processing plant has also been flagged for increases to 1.2 million tonnes per year, an increase of 200,000 tonnes, increasing graphite production rates to 70,000 tonnes of graphite per year; previously, the original DFS saw this figure at 60,000.<\/p>\n

Chinese-based Yantai JinPeng Mining Machinery and Verum Projects and Engineering teamed up to assess the DFS again for its update.<\/p>\n

Treatment plant costs \u2013 the trickiest part of turning graphite-hosting rock into graphite metal \u2013 reflect the largest chunk of CapEx at US$32.09 million.<\/p>\n

The actual mining itself is expected to cost US$7.6 million, with project costs of US$9.7 million and infrastructure costs of US$23 million.<\/p>\n

According to TON, The US$9 million reduction in overall CapEx comes from a review of processing plant designs which reduce both the risk and costs.<\/p>\n

Triton shares last traded at 3.4 cents.<\/p>\n

TON by the numbers<\/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 reported an interim update to the definitive feasibility study (DFS) for its Ancuabe graphite project in Mozambique \u2013 posting strong operational and financial improvements. Overall capital expenditure has fallen some $9 million from USD$99.1 million to US$90.3 million. The processing plant has also been flagged for increases to […]<\/p>\n","protected":false},"author":84,"featured_media":42709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-42710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nTriton Minerals reports promising DFS update for Ancuabe project, Mozambique - Mozambique<\/title>\n<meta name=\"description\" content=\"Triton Minerals (TON) has reported an interim update to the definitive feasibility study (DFS) for its Ancuabe graphite ...\" \/>\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-reports-promising-dfs-update-for-ancuabe-project-mozambique\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Triton Minerals reports promising DFS update for Ancuabe project, Mozambique\" \/>\n<meta property=\"og:description\" content=\"Triton Minerals (TON) has reported an interim update to the definitive feasibility study (DFS) for its Ancuabe graphite ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-reports-promising-dfs-update-for-ancuabe-project-mozambique\" \/>\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=\"2023-07-15T18:40:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-15T19:16:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/07\/sm_1689432167.123214.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"736\" \/>\n\t<meta property=\"og:image:height\" content=\"425\" \/>\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-reports-promising-dfs-update-for-ancuabe-project-mozambique#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-reports-promising-dfs-update-for-ancuabe-project-mozambique\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Triton Minerals reports promising DFS update for Ancuabe project, Mozambique\",\"datePublished\":\"2023-07-15T18:40:21+00:00\",\"dateModified\":\"2023-07-15T19:16:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-reports-promising-dfs-update-for-ancuabe-project-mozambique\"},\"wordCount\":197,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-reports-promising-dfs-update-for-ancuabe-project-mozambique#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/07\/sm_1689432167.123214.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-reports-promising-dfs-update-for-ancuabe-project-mozambique#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-reports-promising-dfs-update-for-ancuabe-project-mozambique\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/triton-minerals-reports-promising-dfs-update-for-ancuabe-project-mozambique\",\"name\":\"Triton Minerals reports promising DFS update for Ancuabe project, Mozambique - 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