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VR8 Secures US Vanadium Offtake and RMB Advisory for Steelpoortdrift Expansion
7:14pm on Thursday 30th of April, 2026 AEST
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VR8 Secures US Vanadium Offtake and RMB Advisory for Steelpoortdrift Expansion
7:14pm on Thursday 30th of April, 2026 AEST
Key Points
Non-binding offtake term sheet with U.S. Vanadium for 100% vanadium slag
Rand Merchant Bank appointed exclusive financial advisor for project funding
Focus on brownfield site acquisition to reduce capital and timeline risks
Metallurgical tests confirm compatibility with U.S. refinery processes
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