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Tivan Limited ( (AU:TVN) ) has issued an update.
Tivan Limited has dispatched its first samples of acid grade fluorspar from the Speewah Fluorite Project in Western Australia to potential end users in Japan and Asia. This marks a significant milestone in their offtake marketing program, which is being advanced by Sumitomo Corporation. The project is part of a joint venture with Sumitomo and the Japan Organization for Metals and Energy Security, with a term sheet in place for the offtake of up to 100% of the product produced over the project’s life. The successful dispatch of these samples is expected to bolster Tivan’s market positioning and enhance demand for their product in the Asian markets.
More about Tivan Limited
Tivan Limited operates in the mining industry, focusing on the extraction and processing of fluorite ore to produce acid grade fluorspar. The company is engaged in a joint venture with Sumitomo Corporation and the Japan Organization for Metals and Energy Security, targeting markets in Japan and Asia.
Average Trading Volume: 2,850,485
Technical Sentiment Signal: Buy
Current Market Cap: A$492M
For an in-depth examination of TVN stock, go to TipRanks’ Overview page.