TNG Limited (AU:TVN) has released an update.
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The Speewah Fluorite Project by TNG Limited has been granted Major Project Status by the Australian Government, highlighting its national importance and alignment with critical mineral strategies. This status will facilitate government approvals and support Tivan’s partnership with Sumitomo Corporation to develop a mining and processing operation for acid-grade fluorspar, crucial for industries like semiconductor manufacturing and electric vehicle batteries. The project’s advancement underscores Tivan’s strategic growth across northern Australia.
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