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The latest update is out from Tivan Limited ( (AU:TVN) ).
Tivan Limited has initiated an initial program of works for the Molyhil Tungsten-Molybdenum Project, aiming to expand its mineral resource base and advance its development planning. The program includes a drill program, commercial assessments, environmental approvals, and metallurgical testwork, all supporting the proposed mining and processing operations. The project is significant for Tivan’s strategic positioning in central Australia’s critical minerals precinct and involves potential collaboration with Sumitomo Corporation.
More about Tivan Limited
Tivan Limited is a company operating in the critical minerals industry, focusing on the development and processing of high-value minerals. The company has recently acquired the Molyhil Tungsten-Molybdenum Project in the Northern Territory, which is strategically important for its synergies with the adjacent Sandover Fluorite Project. Tivan’s market focus includes the defense, automotive, semiconductor, and clean energy sectors, leveraging the critical nature of tungsten and molybdenum.
Average Trading Volume: 2,486,643
Technical Sentiment Signal: Buy
Current Market Cap: A$413.7M
For an in-depth examination of TVN stock, go to TipRanks’ Overview page.