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Highlights,A Memorandum of Understanding (MOU) has been inked with Hexiang, one of the major producers of vanadium nitride in China.,The MOU is for production from VR8’s South Africa-based vanadium operations, Steelpoortdrift and Tweefontein.,The MOU outl...
Highlights,A Memorandum of Understanding (MOU) has been inked with Hexiang, one of the major producers of vanadium nitride in China.,The MOU is for production from VR8’s South Africa-based vanadium operations, Steelpoortdrift and Tweefontein.,The MOU outl...
Highlights,Vanadium Resources made significant strides with preparation work for construction, focusing on its South African project in the half-year ended 31 December 2023.,VR8 increased its stake in the Steelpoortdrift Project to 86.49%.,Discussions ar...
Highlights,VR8 increased its project interest in VanRes to 86.49% after finalising transactions with Obeec and Math-Pin (,as a result this increased VR8’s attributable Post Tax NPV,5%,to AU$1.62 billion,).,FEED at Steelpoortdrift progresses, detailed plan...
Highlights,Vanadium Resources (ASX: VR8/DAX: TR3) is an emerging vanadium producer focused on advancing development of its flagship Steelpoortdrift project.,In 2023, VR8 increased its interest in the Steelpoortdrift Vanadium Project to 86.49%.,The company...
Highlights,VR8’s ownership interest in Steelpoortdrift has increased to 86.49% following the execution of transaction with Math-Pin for 100% interest in VanRes.,Consideration for the transaction includes a cash payment of ZAR 2,930 and share options of ov...
Highlights,VR8 has increased its interest by 7.95% to 81.90% in the Steelpoordrift project.,The consideration comprises ZAR 5,800 in cash and 14,031,220 share options for acquiring VR8 shares.,The company is focused on raising the required construction fi...
Highlights,VR8 has increased its interest by 7.95% to 81.90% in the Steelpoordrift project.,The consideration comprises ZAR 5,800 in cash and 14,031,220 share options for acquiring VR8 shares.,The company is focused on raising the required construction fi...
Highlights,Vanadium Resources is progressing its Steelpoortdrift Vanadium Project in South Africa at full pace towards FID.,As per the encouraging economics and technical viability results from the DFS, the project can produce around 484,000t of vanadium ...
Environmental authorisation and water use licence approval is expected by the first half of the calendar year.,Front-end engineering design has commenced at the Steelpoortdrift Vanadium project.,The company seeks to increase its interest in the...
Vanadium Resource Limited (ASX:VR8) is a junior mining company engaged in exploration and development of world’s largest vanadium deposit. The Steelpoortdrift Vanadium Project is a tier-one deposit located in Bushveld Complex in South Africa. T...