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Vanadium Resources eyes 180-year mine in South Africa

Vanadium Resources approaching final investment decision for majority-owned Steelpoortdrift

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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.

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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: 108 Outram Street, West Perth WA 6005, 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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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: 108 Outram Street, West Perth WA 6005, 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%