Latest Vanadium Resources News

Vanadium Resources has repositioned its Steelpoortdrift project around a proposed V-Iron plant producing pig iron and vanadium-bearing slag for Western markets. The strategy has secured a non-binding U.S. offtake framework and advanced site and funding work, but the auditor has flagged material uncertainty over the company’s ability to continue as a going concern.

Vanadium Resources has secured an oversubscribed A$1.0 million placement to advance studies, site work, offtake discussions and project financing for its planned V-Iron Plant in South Africa. The raise gives VR8 fresh development capital, but the project still depends on a scoping study, binding commercial agreements and a much larger funding package.

Vanadium Resources (ASX: VR8) has locked in a right of first refusal and exclusivity option over a prime brownfield site in South Africa’s Highveld Industrial Park for its planned V-Iron Plant, reinforcing its path towards feasibility and financing.

Anson Resources has confirmed a 2,500-metre extension of uranium-vanadium mineralization at its Yellow Cat Project in Utah, with assay results indicating proximity to high-grade zones. Phase 2 drilling and environmental surveys are underway to upgrade a historical resource to JORC 2012 standards.

Vanadium Resources pivots to a co-production V-Iron Plant at Steelpoortdrift, securing a non-binding offtake with US Vanadium and appointing Rand Merchant Bank to drive project financing.

Critical Minerals Group’s Pre-Feasibility Study for its Lindfield Vanadium Project delivers a robust $821 million pre-tax NPV and 26.6% IRR, setting the stage for a Definitive Feasibility Study and potential final investment decision in 2027.

Temas Resources' re-assay program at the Hervieux West deposit validates extensive high-grade titanium-vanadium mineralisation and reveals significant gallium, scandium, and chromium credits, accelerating resource development at the La Blache Project.

Richmond Vanadium Technology (ASX: RVT) has signed a binding collaboration with RKP Global to jointly develop vanadium flow battery and long-duration energy storage projects in Australia, advancing its mine-to-battery strategy.

Vanadium Resources raises about A$1 million through a placement to fund studies and site agreements for its Steelpoortdrift Vanadium Project and next-gen V-Iron Plant, aiming to supply Western critical mineral markets.

Vanadium Resources (ASX: VR8) has taken major steps to commercialise its Steelpoortdrift project with a non-binding offtake deal with U.S. Vanadium and appointed Rand Merchant Bank to lead funding efforts.

Vanadium Resources (ASX: VR8) has signed a non-binding offtake term sheet with U.S. Vanadium for 100% of vanadium slag from its Steelpoortdrift V-Iron Plant, while appointing Rand Merchant Bank to secure project financing.

Terra Metals has confirmed a substantial new titanium-vanadium-gallium mineralised system at its Southwest Prospect, dramatically expanding the Dante Project’s resource potential with critical metals now in focus.