Maputo — The Australian company Triton Minerals on Wednesday announced the discovery of significant concentrations of graphite during drilling at its Balama North project, in the northern Mozambican province of Cabo Delgado.
The company has undertaken an initial drilling programme over a three kilometre stretch and has found deposits of up to 16.2 per cent graphite.
According to Triton's managing director, Brad Doyle, “these are very positive results”. He added that reserves of graphitic carbon of just two per cent are often considered economic to mine.
The Triton licence area is near the high grade graphite deposits already discovered by a second Australian company, Syrah Resources.
Graphite is a form of carbon which is highly valued due to its properties as a conductor of electricity. It is used in batteries and fuel cells, and is the basis for the “miracle material” graphene, which is the strongest material ever measured, with vast potential for use in the electronics industries.