KRR has sent Vanadium samples to a number of companies in order to evaluate the potential of its project. Some of these companies include Rio Tinto, BHP billiton, Vale, Umicore and Eramet.
In addition, many other companies may be interested in the project due to its potential for significant returns due to the strategic advantages it could offer them.
The Speewah main deposit and the Speewah East deposit is estimated to contain over 1 billion tonnes of vanadium ore, making it one of the worlds largest known deposits of this material.
Ann: Quarterly Activities Report, page-25
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