https://newsletter.mw.creamermedia.com
Energy|PROJECT|Projects|Steel|Storage|Products|Infrastructure
Energy|PROJECT|Projects|Steel|Storage|Products|Infrastructure
energy|project|projects|steel|storage|products|infrastructure

Australian Vanadium and Neometals eye potential partnership

27th January 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – ASX-listed Australian Vanadium and fellow listed Neometals will collaborate on critical minerals in Western Australia.

The two companies this week signed a term sheet to investigate opportunities for Australian Vanadium to purchase and further process vanadium and iron concentrate co-product from Neometals’ Barrambie project, and for the two companies to co-locate or share infrastructure near Australian Vanadium’s proposed Tenindewa processing plant.

“The Australian Vanadium project and Barrambie project are the most well understood and advanced vanadium titanium deposits in Australia. This collaboration will provide synergies, allowing the two projects to move forward even more confidently, using mutual understanding of the ores and processing,” said Australian Vanadium MD Vincent Algar.

“The Vanadium Triangle in the Midwest contains many remnants of the once massive Murchison Layered Intrusive Complex, a Bushveld Complex-sized intrusion which hosts a number of potentially economic vanadium titanium magnetite deposits. Being able to process our own concentrates and also offer processing infrastructure to other projects, will bring great benefit to the region and Australia as a whole and establish Australia as a cornerstone producer of vanadium products for green steel and energy storage applications.”

Algar said that Australian Vanadium was open to discussions with other companies in the region that see benefit in the hub approach that Australian Vanadium and Neometals are considering.

“We have developed a good relationship with the team at Neometals and Australian Titanium and look forward to finalising the details of this opportunity with them. The projects are well aligned and the technical knowledge held between the two teams will generate further opportunities for cost optimisation for all parties.”

Edited by Creamer Media Reporter

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Klüber Lubrication
Klüber Lubrication

Klüber Lubrication ensures that the world’s essential systems—drive units, machines, and water flow—operate efficiently, sustainably, and reliably...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:3.89 3.996s - 128pq - 2rq
Subscribe Now