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Why Is Vanadium Resources Betting Big on Concentrate Production Now?

1:23pm on Friday 31st of October, 2025 AEDT Mining
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Why Is Vanadium Resources Betting Big on Concentrate Production Now?

1:23pm on Friday 31st of October, 2025 AEDT
Key Points
  • Appointment of new CEO Nick Diack and COO Jacques Viljoen to drive near-term production
  • DSO offtake agreement with China Precious Asia Limited lapses amid competing proposals
  • Oversubscribed A$1.2 million equity placement strengthens balance sheet
  • Preferred mining contractor selected to minimise upfront capital and operating costs
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