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Latest News
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18.01.2012
TNG Capital RaisingPlease click here to view.
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21.12.2011
Results of Meeting - GM
News in China
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02.06.2011
China's crude steel demand forecast to reach 750 million tonnes in 2015Click here to view
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02.06.2011
China 12th Five year Plan Iron SteelClick here to view
Investment Highlights
$6.6M Investment received from Aosu. FIRB approval pending for final Completion.
Landmark Subscription Agreement signed with Jiangsu Eastern China Non-Ferrous Metals Investment Holding Co. Ltd. (ECE) formalising a $13.4M investment in TNG as part of a broader Strategic Partnership
Mount Peake - One of Australia’s largest Iron Vanadium Titanium Projects
- Large-scale resource of 160Mt grading 0.3% V205, 23.66% Fe, 5.34% TiO2, with outstanding resource upside Exploration Target of 500-700Mt grading 0.2-0.4% V205, 25-35% Fe and 6-9% TiO2
- Pre-Feasibility Study in progress:
- Interim results give Annual Nett Cash flow $151M over 17 year mine life.
- Patented new Hydrometallurgical process TIVANTM provides ability to recover 3 products, Iron-Vanadium and Titanium.
- Project is advantageously close to Road, Rail and Power infrastructure for development potential
- Additional potential for downstream value –add to produce Ferro-Vanadium and high value titanium products
Other Projects
- TNG also has an extensive Mineral Portfolio with Prospective licences for Copper and Gold, a major Lead/Zinc/Silver (Pb/Zn/Ag) project, and 20% interest in the Cawse Nickel mine.