Speewah
Speewah is the largest, highest grade vanadium in titanomagnetite resource in the world. Tivan acquired the leases at Speewah in February 2023, including a decade of preparatory work conducted by King River Resources.
Speewah is a resource of profound significance to Australia, a sovereign endowment with no equal. It is capable of supporting an ultra-long life project, measured in the hundreds of years.
Speewah is supported by existing regional infrastructure including the Port of Wyndham, Lake Argyle and the Argyle Diamond Mine. Tivan is committed to using existing infrastructure wherever possible to maximise commercial synergies and to minimise impacts on country.
Tivan is working closely with Traditional Owners in the East Kimberley and the Kimberley Land Council in a genuine and inclusive approach to facilitating project delivery.
Speewah’s Mineral Resource is 4.7 billion tonnes under JORC Classification:
* V2O5 calculated as V x 1.785
* TiO2 calculated as Ti x 1.668
Source: CSA Global
Tivan completed a Peer Review analysis of hard rock vanadium in titanomagnetite resources in Q1 2023, in accordance with ASX Compliance Update, 19 September 2018, Update no 08/18, Section 3: Peer Comparison information.
On that basis, the chart below compares Speewah to comparative resources in Australia and operational Western jurisdictions: Brazil, Canada and South Africa. Speewah provides Tivan with a unique and durable competitive advantage against all relevant global peers.
Vanadium Resource Peer Comparison
Note: Concentrate grade commonly from beneficiation on high grade zone material.