Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Tivan Limited ( (AU:TVN) ) has provided an announcement.
Tivan Limited has successfully completed a salt roast testwork program for its Speewah Vanadium Project, producing high-purity vanadium pentoxide with a grade of 99.86% without solvent extraction. This achievement advances the company’s vanadium electrolyte program, aiming to meet specifications set by Sumitomo Electric Industries for vanadium flow batteries. The testwork highlighted the effectiveness of the traditional salt roast method, providing significant optionality for future development. These results bolster Tivan’s position in the vanadium market, potentially impacting stakeholders by enhancing the commercial viability of their vanadium flow battery technology.
More about Tivan Limited
Tivan Limited is involved in the mining industry, focusing on the extraction and processing of vanadium. The company is engaged in the development of vanadium flow batteries through its Speewah Vanadium Project in Western Australia. It is exploring multiple vanadium processing technologies, including a strategic partnership with CSIRO.
YTD Price Performance: 5.08%
Average Trading Volume: 6,151
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $149.2M
See more insights into TVN stock on TipRanks’ Stock Analysis page.
