Triton Minerals remain committed to short and long-term plans following an insurgent disturbance at its rapidly developing Ancuabe graphite project in Southern Africa.
Force majeure following the disruption had temporarily delayed the development until development could safely move forward. However, the company is confident of a return to ongoing stability.
Expedited operations targeting up to eight thousand tonnes of high-value graphite concentrate a year remain in place — as are longer-term ambitions to scale up to as much as 60 tonnes a year.
“The management and employees of Triton are devastated by the loss of our colleagues, and our focus is on supporting our workforce in the region and their families,” executive director Andrew Frazer said.
“Security, health and safety of employees and contractors is critical to Triton.”
Triton will further establish funding, contracts, approvals and offtake agreements for the project.
TON’s Australian Stock Exchange-listed share price was trading at 1.8c today (10.56 am UTC+ 8 hours).