Ann: Tivan and CSIRO successfully complete TIVAN Testwork Program, page-2

Tivan & CSIRO successfully complete TIVAN+ Testwork Program
• Tivan and CSIRO, Australia’s national science agency, have successfully completed a significant
development testwork program for the TIVAN+ critical minerals processing technology.
• Testwork outcomes have exceeded expectations, delivering excellent results that confirm the
technical viability of processing Speewah concentrate with the TIVAN+ technology.
• TIVAN+ is designed to recover vanadium, titanium and iron from vanadium titanomagnetite,
providing an opportunity to reshape global supply chains and downstream industrial pathways in
the critical minerals of vanadium and titanium.
• High-grade magnetite returned using TIVAN+ has highlighted the potential of the product as a highquality feedstock for a direct reduced iron (DRI) process for the production of “green steel”.
• Tivan has an exclusive 20 year worldwide licence (except India) from CSIRO for the TIVAN+
technology, initially focused on Tivan’s 100% owned Speewah Vanadium Project.
• Tivan is advancing discussions with two asset owners of vanadium titanomagnetite resources that
have expressed interest in the utilisation of TIVAN+ technology.
• Tivan will review its strategy for the Speewah Vanadium Project, inclusive of the TIVAN+ pathway,
following completion of the Pre-Feasibility Study for the Speewah Fluorite Project in July