Graphite is a commodity that is well known but I feel the investing market does not really understand the business and its commercial use as a commodity.
While I was at the 2019 Diggers and Dealers Conference in Kalgoorlie, I spoke to a couple of people about the commercial part of graphite. As most investors only need to know that it’s a hot commodity and if your company has it, that is good, few people really know why.
Triton has a graphite project in northern Mozambique. The company has recently made an announcement that it has received funding from Qingdao Jinhui Graphite Co Ltd.
Jinhui is one of China’s largest graphite companies with extensive mining, process and sales experience.
The company produces natural flake graphites, expandable graphites, natural flake graphites and other products.
Who is Qingdao Jinhui Graphite Co Ltd?
(Source: Triton Minerals)
Founded in 1999, Jinhui is a privately-owned Shandong-based graphite company and one of China’s biggest graphite producers with more than 600 employees.
The company produces approximately 60,000mtpa of high purity and value-added graphite products distributed to more than 200 enterprises throughout China and exported to more than 10 countries and regions including Japan, the United States, South Korea, Europe and South East Asia.
Triton corporate information
Top 20 Shareholders: 49.40%
Outstanding Shares: 1.134 billion (July 2019)
Market Capitalisation: $51 million (August 2019 based on the share structure of 1.134B)
Share price chart (12 May 2019)
Organic content allows audiences to feel a real sense of sincerity when you share your business strategy, allowing your business to stand out among the sea of social media traffic.