I don't think its a positive for TON as much as there are positives we aren't SYR.
Apart from being extremely different raw products targeting completely different markets there is a poetic beauty to Triton only just now looking to secure financing.
The lead time of 18 months construction of Ancuabe & change is time well spent. Letting the expandable graphite market mature is certainly not against Tritons interest despite the evident demand currently for Ancuabe's large flake graphite.
Triton has a market ready to receive & apply large flake graphite right now as opposed to battery space.
Not only will having Jinan Hi-Tech as our majority shareholder provide added insurance to our off-takes..They give Triton avenues to capital for cash flow & further investment.
The interview last month with Peter Cantabury strongly suggested that Jinan had plans for remaining production not yet locked by off-takes.
There was also hint of further investment JV of possibly around processing of graphite?
That could mean if China is trying to control graphite prices & finished product Triton my have the opportunity to seek buyers from US, Europe & middle east.
Not all graphite has to be processed in China & is probably another step towards balancing the market rather than China holding too many of the chess pieces.
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