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Tivan Limited ( (AU:TVN) ) has provided an update.
Tivan Limited has made significant progress in its Speewah Fluorite Project by establishing a joint venture with Sumitomo Corporation and securing Japan Organization for Metals and Energy Security as a strategic equity partner. The company received substantial investments and grants to fund feasibility studies and project development, strengthening its position in the critical minerals sector. Additionally, Tivan has advanced its financing efforts with Export Finance Australia and the Northern Australia Infrastructure Facility, and expanded its strategic partnerships and exploration activities, highlighting its commitment to advancing critical minerals projects in Australia and Timor-Leste.
More about Tivan Limited
Tivan Limited operates in the critical minerals industry, focusing on the development and processing of fluorite ore to produce acid-grade fluorspar. The company is involved in joint ventures and strategic partnerships to advance its projects, with a market focus on industries such as steel, aluminum, chemical manufacturing, and emerging sectors like lithium-ion batteries, solar cells, and semiconductors.
Average Trading Volume: 2,194,349
Technical Sentiment Signal: Buy
Current Market Cap: A$379.2M
For a thorough assessment of TVN stock, go to TipRanks’ Stock Analysis page.