IRONVELD
From mine to market.
Ironveld PLC [LSE:IRON] is a vertically-integrated speciality metals producer operating in South Africa and listed on the AIM of the London Stock Exchange.
The Ironveld PLC group of companies includes:
Ironveld Mining, an operating mining division which mines vanadiferous-titaniferous-magnetite in South Africa’s Bushveld and sells magnetite ore to its sister companies and other industrial users.
Altona Processing, a 50-50 joint venture producing high-grade DMS magnetite for sale into domestic and international markets.
Ironveld Smelting, which processes Ironveld’s magnetite ore in to High Purity Iron, Vanadium Slag, and Titanium Slag.
A world class resource.
A world class resource.
56.4 million tonnes of high-grade ore.
The Bushveld is a metallogenic province covering approx. 66,000km2 in the north of South Africa. It hosts many mineral deposits, including Platinum Group metals, Vanadium, Chrome, Palladium and Rhodium.
Ironveld’s shallow mineralised resource of 56.4 million tonnes of ore grading 1.12% V205 is approximately twice the grade of other Vanadium resources that are currently being mined and processed within the Bushveld Complex.
A definitive Feasibility Study published in April 2014 confirms the IRONVELD project's viability to deliver an exceptionally high-grade iron product (99.5% Fe) - High Purity Iron - which commands a premium in the market place.
