Jangada Mines PLC (GB:JAN) has released an update.
Jangada Mines PLC has announced interim results, highlighting the strategic advancement of their 100%-owned Pitombeiras Ferrovanadium Project in Brazil, with a focus on titanium dioxide and vanadium pentoxide, which could be transformative given high recovery rates and innovative technology. The company also detailed progress in its other investments, including Fodere Titanium Limited, Blencowe Resources plc, and its divestment from ValOre Metals Corp and ATHA Energy Corp. Despite a challenging iron ore pricing environment, Jangada remains optimistic about its diverse portfolio’s potential to enhance future value and is actively seeking new, high-value opportunities in distressed brownfield opportunities and non-core assets.
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