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Tivan and NT Government form control group to fast-track Molyhil tungsten project

Story Highlights
  • Tivan and the NT Government created a cross-agency group to fast-track Molyhil approvals.
  • The new framework de-risks Molyhil and supports a Central Australian critical minerals hub.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tivan and NT Government form control group to fast-track Molyhil tungsten project

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Tivan Limited ( (AU:TVN) ) has provided an announcement.

Tivan Limited has formed a Project Control Group with the Northern Territory Government to fast-track the development of its Molyhil Tungsten Project in Central Australia. Chaired by the Department of Mining and Energy, the cross-agency body is designed to provide a whole-of-government framework to streamline approvals, coordinate agencies and resolve regulatory hurdles.

The new group will oversee key approvals for mineral titles, mining licences, enabling infrastructure and environmental clearances for both Molyhil and the neighbouring Sandover Fluorite Project, with Molyhil given priority and a Final Investment Decision targeted for late 2027. The move follows the release of a scoping study confirming the project’s technical and commercial foundations, and is seen by Tivan as materially de-risking its path to production and underpinning plans for a Central Australian critical minerals precinct and associated jobs and business opportunities for remote communities.

More about Tivan Limited

Tivan Limited is an ASX-listed resources company focused on developing critical minerals projects in Australia, with a particular emphasis on tungsten and fluorite. Its key assets include the Molyhil Tungsten Project and the adjacent Sandover Fluorite Project in Central Australia, which it aims to integrate into a broader critical minerals precinct supporting regional development.

Average Trading Volume: 4,033,300

Technical Sentiment Signal: Buy

Current Market Cap: A$691.8M

For detailed information about TVN stock, go to TipRanks’ Stock Analysis page.

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