TNG Signs Second Agreement with Woojin for Mount Peake

TNG Signs Second Agreement with Woojin for Mount Peake

This new deal will see Woojin transfer its proprietary ferrovanadium technology to TNG. That will allow the Australian company to convert vanadium pentoxide into high-value ferrovanadium at a conversion plant that will be established at TNG's TIVAN refinery site.

On the Hunt for Vanadium in Peru

Peru once hosted the first industrial-scale vanadium mine in the world, but after it was depleted vanadium stopped being mined in the country.

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Company News

TNG Announes Water Bore Drilling at Mount Peake Project

Australian strategic metals company TNG Limited (ASX: TNG) announced the commencement of its program of water bore drilling at its flagship Mount Peake Vanadium-Titanium-Iron Project in the Northern Territory.

Largo Resources to Secure C$12 Million Bridge Loan

Largo Resources (TSXV:LGO) has agreed to a term sheet with respect to a $12 million non-revolving, convertible term loan facility with an interest rate of 20 percent per year. Funds will be used to finance develop costs for Largo's Maracas Menchen mine in Brazil.

TNG Announces Agreement with Korean Metals Group

TNG Ltd. (ASX:TNG) announced that it has signed an agreement with Korea-based ferrovanadium producer Woojin Industrial Co. Ltd. (WJN) for the sale of up to 60 percent of the vanadium from its flagship Mount Peake vanadium-titanium-iron project.

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