Appointment of MCC
During the Quarter, Triton both awarded and signed an Engineering, Procurement and Construction (EPC)contract with MCC International Incorporation Limited (MCC) for the mineral processing facility and otherinfrastructure at Triton’s flagship Ancuabe Graphite Project (Project) in Mozambique. The EPC contract wasagreed on a fixed price basis and provides certainty in relation to capital costs and construction schedule.The signed contract allows detailed design and the placement of orders for long lead capital items to commencein late 2018 and early 2019. Importantly, MCC are now prioritising supporting Triton with finalising an EPC linkedloan facility with its preferred group of tier one Chinese banks. MCC are now acting in a project management rolewith the loan facility application and due diligence processes and will facilitate further meetings with its chosenbanking consortium later this year. Concurrent with the debt financing process, Triton continues to work on equityfinancing options with several interested parties. Financing discussions remain on track to meet the currentdevelopment timetable which sees construction commencing in May 2019.
Interesting as....this is positive stuff.....finally
The rest is recent news, the Testwork, it would be nice to know more about plans on achieving quality certification/s
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