Triton awards Ancuabe FEED to YOME

Triton Minerals, owner of the Ancuabe graphite project in Mozambique, has selected China-based equipment engineering group Yantai Oriental Metallurgical Engineering (YOME) as its front-end engineering design (FEED) contractor for the asset’s process plant and non-process infrastructure.

YOME, an associate of Yantai Jinpeng Mining Machinery, will begin work this quarter and target the enhancement and improvement of the plant’s design.

The news comes after Triton recommitted itself to a larger-scale redevelopment of the Ancuabe project, especially as there exists “strong and increasing demand” for graphite end-users, including industrial and battery applications.

Triton executive director Andrew Frazer told The Market Herald the company is “very happy” to have YOME and Jinpeng join the development of Ancuabe.

“We know Jinpeng to be a highly capable engineering and manufacturing company which has direct experience in building projects in various jurisdictions throughout the world, but importantly in the graphite sector and specifically in Mozambique,” Frazer said.

“We are confident that the outcomes from the FEED works will provide benefits to the project by improving the deliverables and potentially reducing upfront capex and minimising the execution risk.

Ancuabe is in the region of Cabo Delgado in northeastern Mozambique. It has an estimated mine life of 27 years.

Source: The Market Herald (Triton Minerals (ASX:TON) appoints FEED contractor for Ancuabe, Mozambique | The Market Herald)

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