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Triton Minerals Ltd. (ASX:TON) announced that it has entered into a binding agreement to form a strategic alliance with AMG Mining AG. The alliance will be via AMG subsidiary GK Ancuabe Graphite Mine SA.
Triton Minerals Ltd. (ASX:TON) announced that it has entered into a binding agreement to form a strategic alliance with AMG Mining AG. The alliance will be via AMG subsidiary GK Ancuabe Graphite Mine SA.
As quoted in the press release:
The strategic alliance between AMG and Triton is for an initial exclusive period of two years during which the Parties will collaborate on the exploration, identification and development of graphite occurrences in the Ancuabe district, within the Province of Cabo Delgado in Mozambique.
Triton Minerals’ managing director and CEO, Brad Boyle, stated:
This is a significant partnership for Triton as we move ahead towards graphite production in Mozambique. AMG is highly regarded as one of the world’s leading graphite companies and brings to the partnership a wealth of knowledge, experience and expertise in the graphite sector. AMG has recently taken the strategic decision to restart mining activities in the Ancuabe district of Mozambique.
Click here for the full Triton Minerals Ltd. (ASX:TON)Â press release