Ancuabe graphite project power solution, Mozambique – update

17th June 2022 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

Ancuabe graphite project power solution, Mozambique – update

Name of the Project
Ancuabe graphite project power solution.

Location
Mozambique.

Project Owner/s
Triton Minerals. Triton signed a memorandum of understanding with HIMOINSA Southern Africa in April 2022 to develop power solutions for the Ancuabe project.

Project Description
The project will develop a modular, economical and sustainable power solution for Stage 1 and 2 of the Ancuabe staged development strategic plan using either power generated on site, through diesel and hybrid solar or combined with power supply from the local grid.

Stage 1 involves an initial small-scale startup. This will provide power for a processing plant, with an estimated processing capacity of 100 000 t/y to 125 000 t/y of ore, producing 5 000 t/y to 8 000 t/y of graphite concentrate under which HIMOINSA will supply 1.5 MW of diesel-powered electrical generation and, potentially, a solar/battery hybrid energy solution.

The final Stage 2 expansion plan will be based upon the performance of the process plant in Stage 1, incorporating value-add improvements identified in Stage 1 and also the market demand for flake graphite prevailing at the time.

Stage 2 will scale up the supply of energy to up to 6 MW, with the addition of a diesel and solar/battery hybrid energy solution, potentially supported by connection to the grid. The solution is designed to fit with modular processing plant design.

Potential Job Creation
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
Stage 1 is intended to be operational in the third quarter of 2023. Stage 2 is planned to start in 2025.

Latest Developments
Triton Minerals has confirmed that two of its security and caretaker staff have been fatally injured following an insurgent attack.

The company went into a trading halt following news of the attack, which resulted in fellow-listed Syrah Resources and Battery Minerals’ moving to allay shareholder fears that their own operations had been affected.

Triton told shareholders that the company was liaising with local authorities, defence and security forces, as well as the Ministry of Mineral Resources & Energy while an assessment of the situation continues.

“The management and employees of Triton are devastated by the loss of our colleges and our focus is on supporting our workforce in the region, and their families. The security, health and safety of employees and contractors are critical to Triton,” Triton executive director Andrew Frazer has said.

He has assured that the company remains fully committed to the development of the project.

Triton recently undertook a strategic review and desktop study to consider various alternatives to bring the project into production in the short term, identifying the initial development of a commercial pilot plant  as part of a two-stage development strategy.

Key Contracts, Suppliers and Consultants
HIMOINSA Southern Africa (build, own, operate and transfer contract); and MCC International (engineering, procurement and construction contract).

Contact Details for Project Information
Triton Minerals, tel +61 8 6368 9050 or email info@tritonminerals.com.