Tivan gets grant, major project status for Speewah

Vanadium developer Tivan’s Speewah Fluorite Project in Western Australia has been awarded Major Project Status by Industry Minister Ed Husic, recognising the national significance of the project.

Aligned with the government’s Critical Minerals Strategy and National Battery Strategy, the project has also been awarded a $7.4 million cash grant under the government’s International Partnerships in Critical Minerals (“IPCM”) Program.

The programme supports early to mid-stage critical minerals projects that contribute to building end-to-end supply chains with Australia’s international partners in the critical minerals sector.

In June, the company announced it had signed a Strategic Alliance Agreement with Sumitomo Corporation to negotiate a joint venture to develop Speewah.

The project will be Australia’s only source of fluorite, a critical mineral for semiconductor and electric vehicle batteries manufacturing, and is the largest, highest grade vanadium in titanomagnetite resource in the world.

As a result of major project status, the project will receive direct support from the Major Projects Facilitation Agency including coordination and facilitation of approvals.

Tivan is progressing planning for a mining and processing operation at Speewah to produce acid grade fluorspar.

Further reading:
Tivan gets Sumitomo backing to develop fluorite project

Picture: Tivan/CSIRO/magnetite (iron recovery trials), AMV (ammonium metavanadate is a pre-cursor to the V2O5 (preparation) and vanadium pentoxide