EXPLORATION & DEVELOPMENT

Triton raises amid vanadium review

EMERGING graphite producer Triton Minerals has decided to tap capital markets for an additional A$5.2 million to replenish its balance sheet and put it in a better bargaining position as it seeks to close key deals with Chinese firms for development of its Mozambique graphite projects.

Drilling at Nicanda Hill.

Drilling at Nicanda Hill.

The company said the recent closing of the Grafex purchase, which gave it the opportunity to secure a 100% economic interest in its projects, was not anticipated at the time of the last capital raising...

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