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Tivan validates premium fluorspar specs at Speewah as Asian offtake plans advance

Story Highlights
  • Independent testing confirms Speewah can produce premium acid-grade fluorspar suitable for ultra-pure hydrofluoric acid production in Asia.
  • A mini-pilot program and strong take-or-pay offtake framework with Japanese partners advance Tivan’s Australian-first fluorite supply chain strategy.
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Tivan validates premium fluorspar specs at Speewah as Asian offtake plans advance

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The latest announcement is out from Tivan Limited ( (AU:TVN) ).

Tivan Limited has confirmed that initial independent assessments by Asian customers show the Speewah Fluorite Project can produce premium acid-grade fluorspar suitable for hydrofluoric acid production. The samples, produced from Western Australian ore at ALS Metallurgy in Perth, met stringent impurity thresholds needed for ultra-pure hydrofluoric acid used in semiconductors and other advanced applications.

Building on this technical validation, Tivan is running a mini-pilot program to generate larger product batches, refine its process engineering and finalise a commercial product specification. The work supports offtake and marketing activities led by Sumitomo Corporation and underpins a pre-agreed term sheet granting Japan Fluorite Corporation rights to up to 100 percent of project output, with 80 percent on a take-or-pay basis, strengthening Tivan’s pathway to an Australian-first fluorite supply chain into Asia.

More about Tivan Limited

Tivan Limited is an ASX-listed resources company advancing the Speewah Fluorite Project in Western Australia to produce acid-grade fluorspar, a key feedstock for hydrofluoric acid. The company is developing an Australian-first integrated mining and processing operation in partnership with Sumitomo Corporation and Japan Organization for Metals and Energy Security, targeting high-purity material for advanced industrial supply chains in Asia.

Through a joint venture vehicle, Japan Fluorite Corporation, Tivan and its partners are focused on supplying premium fluorspar to Asian markets, including applications such as semiconductor-related hydrofluoric acid production. The project is underpinned by a term sheet giving the Japanese partner the right to acquire all output over the life of mine, with most of that volume on a take-or-pay basis, subject to final binding agreements.

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Technical Sentiment Signal: Strong Buy

Current Market Cap: A$827.8M

Learn more about TVN stock on TipRanks’ Stock Analysis page.

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