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The latest update is out from Tivan Limited ( (AU:TVN) ).
Tivan Limited’s recent quarterly report highlights significant advancements, including the Speewah Fluorite Project receiving Major Project Status and a $7.4 million grant from the Australian government, underlining its national importance. The company also secured a partnership with Sumitomo Corporation, initiated ground-disturbing works at Speewah, and made progress on other projects, strengthening its position in the critical minerals market. These developments, including securing regulatory approvals and financial backing, are poised to enhance Tivan’s operational capabilities and market footprint, offering potential benefits to stakeholders involved in the critical minerals sector.
More about Tivan Limited
Tivan Limited operates in the mining industry, focusing on the extraction and processing of critical minerals. The company is involved in the development of the Speewah Fluorite Project and the Speewah Vanadium Project in Western Australia. These projects are aimed at producing commercial-grade fluorite and vanadium products, which are essential for various industrial applications, including steel, aluminum, chemical manufacturing, and emerging sectors like lithium-ion batteries, solar cells, and semiconductor manufacturing.
YTD Price Performance: 1.67%
Average Trading Volume: 7,445
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $137.7M
Find detailed analytics on TVN stock on TipRanks’ Stock Analysis page.
