Headquartered in Perth, King River Resources Limited (ASX: KRR) is an exploration mining company, which has been listed on the Australian Securities Exchange since 21 September 2007. The Company has holdings in Tier 1 mining jurisdictions of Australia. Its Mt Remarkable and Speewah projects sit within the Kimberley region of Western Australia, while in the Northern Territory, the Company holds tenements in the Tennant Creek region.
King River Resources’ principal objective is to create shareholder wealth through discovering as well as developing mineral deposits. To meet the purpose, the Company aims to assess a range of mineral commodities situated within the existing tenements. It is backed by a strong team with extensive experience across mining, technical, engineering, finance, and commercial areas.
The Speewah project covers Australia’s most extensive vanadium-in-magnetite deposit, with potential for extracting high purity alumina (HPA), vanadium, titanium, and iron. The Company is committed towards delivering high purity HPA, which enjoys a strong market potential and attracts high market prices. The Company also plans to extract high purity vanadium and titanium products from the Speewah vanadium deposit suitable as intermediate products for battery and master alloy applications.
The unique physical and chemical properties of HPA make it ideally suited for the growing high technology industries.
A detailed marketing study has unveiled improvement in the demand and prices of 4N HPA. It has resulted from booming trends of two significant high technology markets, where HPA is used as a precursor for manufacturing synthetic sapphire glass and HPA-coated separators. While synthetic sapphire glass is used as substrates in LED lights, laser markets and semiconductors, HPA-coated separators find application in manufacturing lithium batteries.
The Company’s fundamental focus is geared towards providing an exciting opportunity to benefit from the global market interest and demand in high purity metals. Along these lines, King River is completing feasibility studies as well as pilot programs to support discussions concerning strategic partners’ involvement in project development.
Moreover, King River has expedited exploration activities across its Mt Remarkable and Tennant Creek projects, registering highly encouraging results.
254 Adelaide Tce, PERTH, WA, AUSTRALIA, 6000
+61 8 9221 8055