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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.

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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