Triton Minerals Advances Graphite Asset Sale

Triton Minerals Limited (AU:TON) has released an update.

Triton Minerals Limited is advancing the sale of 70% of their Mozambique Graphite Assets to Shandong Yulong Gold Co., Ltd for A$17 million, with the first tranche payment of A$2.55 million already received. The deal is set to complete by February 2025, contingent on regulatory approvals and other conditions. Proceeds from the sale will bolster Triton’s funding for future investments in the battery minerals and resource sectors.

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