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() expects its strategic partnership with () to accelerate development of its three Mozambique graphite projects.
The agreement for Rubicon to provide key support services is expected to provide an advantage in the country’s graphite supply and manufacturing industry.
Rubicon through their Mozambique subsidiary PacMoz Lda (PacMoz) has been engaged to provide Triton with a broad range of in-country support services including; permitting licencing business administration human resources and legal support.
Rubicon intends developing a medical services business in Pemba which will be able to provide further support to Triton with the provision of pre-employment medicals and periodic medical support. It is also assisting with logistical services.
Brad Boyle Triton managing director commented:
“Triton is developing the world's largest flake graphite deposit in Cabo Delgado province of Northern Mozambique at Nicanda Hill. Triton is transitioning from an explorer to developer and ultimately a manufacturer of high quality and high value graphite products.
“The formation of this strategic partnership with Rubicon provides Triton with strong support in the form of an established professional and accredited Mozambique team.
“PacMoz is widely acknowledged for their in-country Mozambique expertise established affiliations and infrastructure experience thus providing Triton a greater level of security and support whilst helping to minimise the normal challenges faced by companies during the foreign mine development phase.
“Triton’s strategic plans integrate seamlessly with Rubicon’s services strategy in Mozambique. The services agreement concluded above is but the first of several mutually beneficial business arrangements being considered by both companies to ensure that each party can concentrate on its core capabilities and thus maximising efficiencies and shareholder value.
“Given Rubicon’s (and PacMoz’s) Mozambique base and established in-country operating experience and network we believe that the alliance will not only facilitate the rapid development the projects but afford to Triton a competitive advantage in the Mozambique graphite supply and manufacturing industry.”
Mozambique Project Manager
Triton has appointed Gidião Mbanze as its Mozambique Project Manager.
He has over 9 years of experience in Project Management Systems and Reliability engineering in some of the world’s largest mining companies including () and Vale (NYSE:VALE).
Mbanze’s local knowledge and experience has provided Triton a tremendous level of support with the local community and government engagement and he has helped the company to establish and further strengthen existing relationships with all levels of government.
His appointment is the first of many key appointments as Triton establishes itself in Mozambique to become a major mine developer and graphite product manufacturer.
In June the company appointed former chief financial officer of Fortescue Metals (ASX:FMG) Christopher Catlow as its chairman.
Analysis
The strategic partnership with is expected to support rapid development of ’ Nicanda Hill Ancuabe and Pemba Graphite Factory projects in Mozambique.
Rubicon’s provision of key services including permitting licencing and legal support will provide the company with a competitive advantage.
That both companies are considering further business arrangements with each other highlights the depth of their relationship.
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