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VR8 Signs Offtake Term Sheet with US Vanadium and Appoints RMB for Funding
9:04am on Tuesday 28th of April, 2026 AEST
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VR8 Signs Offtake Term Sheet with US Vanadium and Appoints RMB for Funding
9:04am on Tuesday 28th of April, 2026 AEST
Key Points
Non-binding offtake for 100% vanadium slag with U.S. Vanadium
Focus on co-production of vanadium slag and pig iron to diversify revenue
Rand Merchant Bank appointed exclusive financial advisor for funding
Plans to develop V-Iron Plant on brownfield site to reduce capital intensity
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Vanadium Resources (ASX:VR8)
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