Royalty Management says T.R. Mining investment enters next phase of development

Royalty Management Holding announced its investment into T. R. Mining Ltd., through a royalty structure on sale of resources sold, has entered into the next phase of development towards full production and commercialization through the commencement of the next steps to obtain the full production permit for the extraction and processing of a variety of minerals, compounds, and elements, such as titanium dioxide, iron ore and vanadium, in close partnership with local labor resources and by using environmentally sensitive processes. RMCO will work with third-party mining companies to accelerate the extraction and monetization of the minerals and resources found within this licensed project, initially focusing on the extraction and sale of a set of high value materials found within the deposit, which includes: Titanium Dioxide and related compounds: Used in a variety of applications, such as the manufacturing of paints, plastics, paper, and for the aerospace, defense, medical, and steel industries; Vanadium Ore: Used for strengthening steel and is a component of rechargeable batteries; and Iron Ore: Used in a variety of industries and applications, from ironmaking and steelmaking to resource processing, in the form of magnetite and other related compounds. RMCO holds an investment in T. R. Mining and the mining permit, equating to a 10% royalty on all product sales from the deposit in perpetuity. The investment in the royalty structure of T.R. Mining Ltd. compliments RMCO’s current investment into Ferrox Holdings and its Tivani Project, located in the Limpopo province of South Africa, where the Company holds an equity interest in the production of various resources and minerals, and is aligned with the Company’s stated strategy of targeting investments in resources and minerals needed for energy production, energy storage, energy transition and modern infrastructure.