viewNew Energy Minerals Ltd

Mustang Resources shifts focus to graphite and vanadium

Vanadium is another metal that has in the past received little attention but has undergone a huge price surge over the past two years, as China tightens its standards around the strength of steel and the battery revolution continues.

Mustang Resources (ASX: MUS) is an Australian listed company with vanadium and graphite projects in Mozambique and the company has near term production firmly in its sites.

"Because of the the simplicity of both the graphite and vanadium extraction and processing, we are fast-tracking the development of our pilot plant" says the company's CEO Bernard Olivier.

The company has also spun-off the ruby mining part of the business.

Quick facts: New Energy Minerals Ltd

Price: 0.007 AUD

Market: ASX
Market Cap: $1.2 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of New Energy Minerals Ltd named herein, including the promotion by the Company of New Energy Minerals Ltd in any Content on the Site, the Company...



Mustang Resources funded and fast tracking graphite and vanadium projects

Mustang Resources (ASX:MUS) is due to release a scoping study at the end of Q2 that depicts an updated resource for graphite and a maiden resource for vanadium from its site in Mozambique, with assay and metallurgical test results set to be released in the interim.  The project has been...

on 28/3/18

2 min read