RE: ASSET14 Apr 2021 07:12
Ironveld has High Purity Iron, Vanadium and Titanium project located on Northern Limb of Bushveld Complex in Limpopo Province South Africa. Project has potential become a vertically integrated vanadium mining + processing business serving the increasing demand for vanadium in steel alloys and vanadium redox batteries.
The company holds unfettered rights to:
80 million tonnes of magnetite ore - the JORC compliant mineral resources demonstrates holds 1.6 billion pounds of Vanadium, the equivalent to four times annual global demand
32 million tons of High Purity Iron in situ
9 million tonnes of Titaniumproject's viability to deliver an exceptionally high-grade iron product (99.5% Fe) called High Purity Iron which commands a premium in the market place. The shallow mineralised resource of 56.4 million tonnes of ore grading 1.12% V205 is approximately twice the grade of other Vanadium resources that are currently being mined and processed within the Bushveld Complex Bushveld is a metallogenic province covering approx. 66,000km2 in the north of South Africa. It hosts many mineral deposits, including platinum group metals, Vanadium, Chrome, Palladium and