Triton Minerals Ltd (ASX:TON) is targeting 2019 for first production from its advanced projects in Mozambique’s graphite region.
Mozambique is supporting of mining with a focus on graphite, coal, aluminum and gold, with major international companies investing in the country including Vale and South32.
Triton is focused on the expanding graphite market.
The company has this morning been granted a trading halt by the ASX, pending details of a capital raising.
The halt will remain in place until the opening of trade on Thursday 9th November 2017, or earlier if an announcement is made to the market.