TMT
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Company News
Australian Vanadium and Technology Metals merge to create world-class vanadium developer
Australian Vanadium (ASX: AVL) and Technology Metals Australia (ASX: TMT) have signed off on a $217 million merger which will put their individual projects southwest of Wiluna under one roof and speed up development of the Gabanintha ore body. Under a scheme of arrangement, Australian Vanadium will acquire all shares in Technology Metals. In a […]
Australia can punch above its weight in critical metals — both with mining and processing
Australia has just 3.4% of the world’s rare earth element (REE) resources but is the fourth largest producer in the world, with other minerals also posing significant future potential for the country. And that is just from one mine, Mt Weld in Western Australia — while several other projects are at the advanced development stage, […]
Technology Metals signs Gabanintha vanadium offtake deal, forms manufacturing joint venture
Technology Metals Australia (ASX: TMT) has entered into a memorandum of understanding with China’s Big Pawer Electrical Technology Xiangyang Inc regarding end uses for high-quality vanadium produced from its large-scale Gabanintha project in Western Australia. The MoU covers the establishment of a five-year binding offtake agreement for the supply and purchase of Gabanintha vanadium pentoxide, […]
Technology Metals Australia unveils ‘outstanding’ DFS for Gabanintha vanadium project
Advanced vanadium explorer Technology Metals Australia (ASX: TMT) has unveiled what managing director Ian Prentice describes as an “outstanding” definitive feasibility study for its flagship Gabanintha vanadium project in Western Australia, with the project estimated to generate A$1.09 billion in free cashflow over the first six years. The study expects capital expenditure of US$318 million […]
Technology Metals Australia establishes vanadium offtake MoU with China-based rare metal manufacturer
Technology Metals Australia (ASX: TMT) is laying the groundwork to establishing a vanadium offtake agreement after securing a memorandum of understanding with China-based rare metal manufacturer CNMC Ningxia Orient Group Company Ltd (CNMNC). The non-binding MoU paves the way for the parties to establish a binding offtake agreement for Technology Metals’ vanadium ore from its […]
Technology Metals Australia generates 99.5% pure vanadium from Gabanintha
Technology Metals Australia (ASX: TMT) has generated a 99.5% pure vanadium pentoxide product from its Gabanintha vanadium project in Western Australia’s mid west. Metallurgical test work on a 60kg composite sample of Gabanintha mineralisation managed to develop a 99.53% pure vanadium pentoxide from an ammonium metavanadate precipitate that extracted in excess of 98% vanadium from […]
Technology Metals Australia posts 57% growth to Gabanintha Northern tenement resource
Technology Metals Australia (ASX: TMT) has reported a 57% resource upgrade for its Northern Block tenements, which is part of the company’s flagship Gabanintha vanadium project in Western Australia’s mid-west. Gabanintha is situated about 40km from the town of Meekatharra and the resource upgrade at the Northern Block has risen from 62.8 million tonnes grading […]