MoU WITH CHINA’S LARGEST BUILDING MATERIALS GROUP FOR FUNDING AND TECHNICAL SERVICES
MoU signed with Suzhou, a subsidiary of China National Building Materials Group, China’s largest construction group
Covers participation in financing the construction of the Ancuabe Graphite Project and the provision of material testing and technical consulting services
Triton Minerals Limited (ASX: TON, Triton or the Company) is pleased to advise that it has signed a Non- Binding Memorandum of Understanding (MoU) with Suzhou Sinoma Design and Research Institute of Non- metallic Minerals Industry Co. Ltd. (Suzhou), a subsidiary of China National Building Material Group, China’s largest construction group. Suzhou is one of China's leading graphite testing laboratories and provides graphite technical consulting services to China's leading graphite producers.
Under the MoU, Suzhou have expressed interest in participating in debt financing the development of Triton’s Ancuabe Graphite Project (Project) in Mozambique, and providing technical consulting services in relation to graphite process technology, production line equipment, construction and commissioning and graphite product quality control.
YES IT IS TIME TO GET EXCITED. We are a very large step forward
Cheers
TON Price at posting:
4.3¢ Sentiment: Hold Disclosure: Held
