ON TRACK...EXPLORER TO PRODUCER

TNG is an Australian resource company focused on the evaluation and development of its Mount Peake vanadium project and realising value from its extensive minerals portfolio.

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News in China

  • 02.06.2011
    China's crude steel demand forecast to reach 750 million tonnes in 2015

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  • 02.06.2011
    China 12th Five year Plan Iron Steel

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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.