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The latest update is out from Tivan Limited ( (AU:TVN) ).
Tivan Limited has signed binding agreements with ETFS Capital for a strategic partnership in the Speewah Fluorite Project, with an investment of up to $61.3 million. This partnership, alongside existing collaborations with Sumitomo Corporation and JOGMEC, marks a significant milestone in Tivan’s project financing strategy, positioning the company to retain a 60% interest in the project and advance its development as a major player in the global fluorite market.
More about Tivan Limited
Tivan Limited operates in the mining industry, focusing on the development of Australia’s first fluorite mining and processing operation. The company aims to produce acid-grade fluorspar for export into global markets, enhancing Australia’s industrial capabilities.
YTD Price Performance: 115.00%
Average Trading Volume: 2,782,764
Technical Sentiment Signal: Buy
Current Market Cap: A$480.8M
See more data about TVN stock on TipRanks’ Stock Analysis page.