Triton Minerals Limited
Climate Impact & Sustainability Data (2016)
Reporting Period: 2016
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Funding shortfall
- Potential contingent capital gains tax liability in Mozambique
- Potential claims from a joint venture partner
- Possible unrecorded liabilities
- Volatility in commodity markets
- Competition from international graphite producers
Mitigation Strategies
- Deed of Company Arrangement (DOCA) to raise funds
- Transfer of $5 million into the creditors trust
- Underwritten non-renounceable pro-rata entitlements offer
- Revised strategy to focus on the rapid development of the Ancuabe graphite project