Triton's Ancuabe cost slashed by China's MCC

THE choice of a Chinese EPC contractor will lop US$20-25 million off the previously expected $100 million capital cost of the Ancuabe graphite project in Mozambique according to its owner ASX-listed Triton Minerals.

Triton's Ancuabe cost slashed by China's MCC Triton's Ancuabe cost slashed by China's MCC Triton's Ancuabe cost slashed by China's MCC Triton's Ancuabe cost slashed by China's MCC Triton's Ancuabe cost slashed by China's MCC

Work on the ground is already underway at Ancuabe.

In announcing the appointment of Metallurgical Corp of China (MCC) as the EPC contractor for the project, Triton said Ancuabe's cost is now "expected to be between 20% and 25% lower than the capex

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