Triton Minerals (ASX:TON) has been granted a trading halt by the ASX pending an announcement regarding executing agreements to form strategic relationships.
Earlier in the month Triton confirmed that graphite from its Mozambique can be expanded up to 1,000 times, confirming it has a potential premium product on its hands given market demand.
Expanded graphite has unique physical and thermal properties and is readily converted into a number of high value graphite products.
Subject to quality the expanded graphite sells for up to US$3,500 per tonne.
The halt will remain in place until the opening of trade on Wednesday 1st April 2015, or earlier if an announcement is made to the market.
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Please DYOR.
TON Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
