Projects

The Most Advanced Vanadium Project Globally

The Mount Peake Project is a world class strategic metals asset, located in Australia’s northern development hub, approximately 230km north of Alice Springs.

Mount Peake’s development will be a major boost for the Northern Territory economy, leveraging off its strategic location close to existing power and transport infrastructure, including the Alice Springs-Darwin railway, the Stuart Highway and an LNG pipeline.

To view the Fact Sheet on the Mount Peake Project, click here.

PROJECT HIGHLIGHTS

• Major Project Status awarded by the Australian Federal Government and the Northern Territory Government
• Located in excellent jurisdiction close to existing power and transport infrastructure, approximately 230 km north of Alice Springs
• Vertically integrated production of V205, TiO2 Pigment, Fe203 at Single Site
• Consolidated and integrated mining and advanced processing operation at the Mount Peake Mine Site
• TNG’s TIVAN® technology enables production of three high-purity products at commercial grade
• One of the largest flat-lying, shallow vanadium-titanium deposits in Australia
• JORC Measured, Indicated and Inferred Resource totalling 160Mt, grading 0.28% V₂0₅, 5.3% TiO₂ and 23% Fe
• Off-take agreements in place with global groups

GEOLOGY

TNG discovered the deposit in 2008 whilst outlining magnetite-bearing gabbro containing high-grade vanadium, titanium and iron. Mineralisation commences at shallow depths making the deposit readily amendable to open pit mining.