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Surefire inks processing and production deal with Saudi Arabia

Surefire inks processing and production deal with Saudi Arabia

Surefire Resources NL (ASX:SRN) MD Paul Burton tells Proactive the company has executed an MoU with the Ministry of Investment, Kingdom of Saudi Arabia, for mineral processing opportunities of high-grade ore from its Victory Bore Vanadium and High Purity Alumina Project in WA. He says the deal provides a clear pathway for maximising value from Victory Bore following a development strategy for a mining and beneficiation operation at the mine location and then transport of high-grade concentrate to a jurisdiction where power costs are low, infrastructure for downstream processing is present and a large market exists for its products.