Mining & Energy
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Image: Triton Minerals
The Australian mining company Triton Minerals, which holds the rights to three graphite deposits in the northern Mozambican province of Cabo Delgado, has announced that will export its produce through the port of Pemba. The company expects to ship 60,000 tonnes of graphite to Europe per annum from its mine at Ancuabe, which is located about 45 kilometres from the port.
The decision to use Pemba was confirmed by Muhamad Rarhan, the logistics manager for Triton’s Mozambican subsidiary Grafex. Rarhan was speaking at a seminar entitled “New Perspectives of the Business Environment”. This initiative by the Ministry of Industry and Trade is part of a programme of listening to entrepreneurs as it develops new instruments to improve the country’s business environment.
Rarhan explained that Grafex chose the port at Pemba as it has the basic conditions to handle the exportation of the company’s ore.
The other graphite mining companies in the province, Syrah Resources and Graphite Kropfmuehl, who are based in the districts of Balama and Ancuabe respectively, have decided to use the port of Nacala in Nampula province, which is over 450 kilometres away from the mines. Triton’s decision to opt for Pemba raises doubts about the argument it is necessary to use Nampula because of the lack of infrastructure capacity at Pemba.
Rarhan urged the government to invest in the rehabilitation of the port at Pemba to make it competitive and enable local companies to benefit from its advantages.
Triton hopes to begin graphite production in Ancuabe district in the first half of next year. At the end of last month, it announced that has appointed MCC International Incorporation as the engineering, procurement and construction (EPC) service provider for its Ancuabe graphite project. MCC is the China Metallurgical Group Corporation, a state-owned enterprise headquartered in Beijing.
Developing the Ancuabe project is budgeted at just under 100 million US dollars. The mine will produce about 60,000 tonnes of graphite concentrate per annum over a 27-year lifespan, generating an estimated 82.6 million dollars per year.
Grafex will use open pit mining to extract the graphite, which will be processed on site. The ore will be crushed and milled before being concentrated in flotation ponds and trucked to the port.
Graphite is a highly valued form of carbon due to its properties as a conductor of electricity. It is used in batteries and fuel cells and is the basis for the “miracle material” graphene, which is the strongest material ever measured, with vast potential for use in the electronics industries.Source: AIM
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