Sales sorted at Mount Peake

STRATEGIC metals company TNG has secured a buyer for the remaining vanadium pentoxide from its Mount Peake vanadium-titanium-iron project in the Northern Territory, with a binding term sheet signed with Singapore trader Gunvor.

An artist's impression of the proposed TNG plant.

11 December 2019
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Gunvor will buy 40% of the high-purity vanadium pentoxide produced by TNG at its processing facility in Darwin, with the other 60% already snapped up by Korean company Woojin.

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