Technology Metals Australia Ltd

Technology Metals Australia secures MoU for vanadium offtake with China-based metal manufacturer

Technology Metals Australia Ltd (ASX:TMT) managing director Ian Prentice updates Proactive Investors on the memorandum of understanding secured with China Nonferrous Metal Mining Group subsidiary CNMC Ningxia Orient Group Company Ltd.
The non-binding MoU paves the way for the establishment of a vanadium offtake agreement for vanadium ore mined at TMT’s flagship Gabanintha project in WA
Under the agreement, CNMNC will purchase 2,000 tonnes a year of vanadium pentoxide over an initial three-year period.

Quick facts: Technology Metals Australia Ltd

Price: $0.18

Market: ASX
Market Cap: $15.76 m

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Full interview: Technology Metals Australia's DFS reveals high-value,...

Technology Metals Australia Ltd (ASX:TMT) executive director Ian Prentice updates Proactive Investors on the DFS results from its Gabanintha Vanadium Project in WA, which has ascribed the project a valuation pre-tax of A$1.32 billion.    Prentice said the study results...

on 22/8/19

2 min read