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Tando Resources is on the capital raising hustings with a scoping study in its hands showing a vanadium project in South Africa that could cost US$20 million to build and which could generate annual earnings of between $9.4-17 million.
Tando scoping the resource at SPD, South Africa
The wide range for the earnings estimates are a reflection of pricing uncertainty for vanadium, with demand increasing due to better quality steel being required in China, and potentially ratcheting
Canadian buys Goldfields facility to end milling bottlenecks, but could eventually end tolling
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