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Technology Metals Australia Ltd (ASX:TMT) (FRA:TN6) is focused on the development of its Yarrabubba Iron-Vanadium Project this year, with recent test-work confirming an exciting mix of high-quality, high-value products that are highly sought as economies continue to emerge from the economic impacts of the COVID-19 pandemic.
The high-purity, high-grade Yarrabubba iron ore product is attracting significant customer interest, underpinning the development of this lower entry cost project that is complementary to, and expected to reduce funding and implementation risk for, the low cost, long life Gabanintha Vanadium Project.
The project has an ore reserve of 9.4 million tonnes at 45.3% iron and 0.97% vanadium and a mineral resource of 27.7 million tonnes at 38.7% iron and 0.9% vanadium.