TVN 0.00% 5.6¢ tivan limited

For shareholders, the Speewah acquisition is of enormous value...

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    For shareholders, the Speewah acquisition is of enormous value and strategic significance. Tivan’s extensive due diligence of Speewah-TIVAN®-MASDP is consistent with a pathway for the Company to emerge as a significant global producer in titanium and especially vanadium. Each are critical minerals that are currently dominated by production based in China and Russia. The strategic importance of a large, long-life, secure source of vanadium is particularly important to the Western bloc, and is part of the impetus for a US lead ‘critical minerals buyers club’ emerging, that includes Europe and Japan.

    For Australia, the implications for the north-west corridor, from the eastern Kimberley region to Darwin, are profound. Where before remoteness and infrastructure shortfalls have frustrated project development, there is now commercially viable path. That path puts MASDP at the forefront of critical minerals on a global basis, and will provide opportunities for northern Australia to lead downstream industries that are pivotal to the climate transition, including and especially vanadium redox flow batteries.For Tivan, the announcements over the past week, on location and resource, are unquestionably the most important in the long history of the Company. The Change campaign provided the opportunity for decisive leadership to be shown, and for the elite capabilities within the team and management to be harnessed to maximum effect. The impact is amplified by the tailwinds in the critical minerals sector, as Tivan is now operating in lockstep with the Federal government’s refresh of the Critical Minerals Strategy, and in complete alignment with the durable commitment of the Northern Territory government to sustainable development, most notably and visibly at MASDP.Through these consolidated efforts, and by embracing principles of diversity and inclusion, there is now the opportunity to build a project of sovereign permanence, and a company of which Territorians and Australians can be proud.Onward, boldly onward.

    All I can say is thank you Grant! I am eagerly awaiting the end of March to hear the investor briefing.
 
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