logo-loader
viewTechnology Metals Australia Ltd

Full interview: Technology Metals Australia's DFS reveals high-value, long-life for Gabanintha Vanadium Project

Technology Metals Australia DFS reveals high-value, long-life for Gabanintha Vanadium project

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 were outstanding delivering lowest quartile operating costs over a long initial mine life, at a scale that will make the project the largest single primary vanadium producer in the world.
 
Progressing offtake and finance discussions, advancing environmental approvals and mining lease grants, are among the next steps for the project, with a targeted investment decision by the beginning of Q2 2020.

Quick facts: Technology Metals Australia Ltd

Price: 0.14 AUD

ASX:TMT
Market: ASX
Market Cap: $12.26 m
Follow

Add related topics to MyProactive

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

NO INVESTMENT ADVICE

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 Technology Metals Australia Ltd named herein, including the promotion by the Company of Technology Metals Australia Ltd in any Content on the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Technology Metals executes MoU for potential offtake with Chinese vanadium...

Technology Metals Australia Ltd (ASX:TMT) managing director Ian Prentice updates Proactive on the execution of a Memorandum of Understanding (MoU) for a potential offtake with leading Chinese vanadium nitrogen alloy producer, Shaanxi Fengyuan Vanadium Technology Development Co Ltd. The MoU...

on 3/10/19

2 min read