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Vanadium Resources eyes 180-year mine in South Africa

Vanadium Resources approaching final investment decision for majority-owned Steelpoortdrift

ResourceStocks

With the global energy transition, it's the right time for the right project in the right jurisdiction, Vanadium Resources MD and CEO John Ciganek says, as the company approaches a final investment decision for Steelpoortdrift in South Africa where the DFS was based on the first 25 years of a projected 180-year mine life.

ABOUT THIS COMPANY
Vanadium Resources

Vanadium Resources is a junior vanadium developer who owns 74% of the world class, tier 1, Steelpoortdrift Vanadium licensed mining project in Limpopo Province, South Africa. The Steelpoortdrift titaniferous magnetite deposit is located in the prolific Bushveld Geological Complex within a known mineral and vanadium producing area within reach of proven processing plants, railway and road options and ports.

 

HEAD OFFICE: Suite 7, 63 Shepperton Road Victoria Park WA 6100 Australia

Tel: +61 8 6158 9990

Email: contact@vr8.global

Web: https://vr8.global/

 

SOCIAL:

LinkedIn

Twitter

 

DIRECTORS:

Jurie Wessels

John Ciganek

Michael Davy

 

QUOTED SHARES ON ISSUE:

484 million

 

MARKET CAP (at March 22, 2022):

A$35 million

 

MAJOR SHAREHOLDERS:
Danteme 9.4%
Raubex 9.1%
Romfal Sifat 4.1%
Davy Corp 3.5%
Citicorp Nominees 2.2%

 

 

 

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