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Edison Investment Research Limited: Edison Issues Initiation on Triton Minerals (TON)

LONDON–(BUSINESS WIRE)–Triton Minerals plans to develop its Ancuabe graphite project in Mozambique to feed the established and high-growth expandable graphite market. In our view, this is a prudent way forward in a sector dominated by graphite companies tussling with the vagaries of battery-ready graphite production and an end-market yet to mature. With East African graphite deposits already advancing in many cases (AMG’s Ancuabe mine is now commissioned, Syrah’s Balama is under construction,