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Tivan and Sumitomo Cement JV to Launch Australia’s First Fluorite Mine
3:04am on Monday 2nd of June, 2025 AEST
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Mining
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Tivan and Sumitomo Cement JV to Launch Australia’s First Fluorite Mine
3:04am on Monday 2nd of June, 2025 AEST
Key Points
Binding joint venture formed between Tivan and Sumitomo for Speewah Fluorite Project
Sumitomo’s subsidiary to invest up to A$60.3 million for up to 22.5% equity
Tivan appointed manager for at least five years, overseeing development and operations
Project aims to produce acid-grade fluorspar for export to global markets
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