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Technology Metals Australia Ltd advancing towards Yarrabubba Iron-Vanadium Project development in 2021


Technology Metals Australia Ltd (ASX:TMT) (FRA:TN6) is focused on the development of its Yarrabubba Iron-Vanadium Project this year, with recent test-work confirming an exciting mix of high-quality, high-value products that are highly sought as economies continue to emerge from the economic impacts of the COVID-19 pandemic. 
The high-purity, high-grade Yarrabubba iron ore product is attracting significant customer interest, underpinning the development of this lower entry cost project that is complementary to, and expected to reduce funding and implementation risk for, the low cost, long life Gabanintha Vanadium Project. 
The project has an ore reserve of 9.4 million tonnes at 45.3% iron and 0.97% vanadium and a mineral resource of 27.7 million tonnes at 38.7% iron and 0.9% vanadium. ....

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Investegate |Salt Lake Potash Ltd Announcements | Salt Lake Potash Ltd: Interim Results


 
AIM and ASX listed company Salt Lake Potash Limited ( SO4 or the Company ), announces its interim results for the half-year ended 31 December 2020.
 
 
 
The Company s primary focus is the development of its Lake Way Project (the Project) near Wiluna, Western Australia.
On December 31 2020, the total project was 81% complete and the process plant 88% complete on an earned value basis with first SOP production expected in Q4 2021.
The Company s long-term plan is to develop an integrated SOP operation producing from several Western Australian salt lakes. 
Achievements during the half year ended 31 December 2020 included:
Process Plant construction significantly advanced
At December 31st, 2020 the Process Plant was 88% complete on an earned value basis with site concrete work (including additional NPI and bagging infrastructure) 94% complete, structural steel 80% comple ....

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Investegate |Salt Lake Potash Ltd Announcements | Salt Lake Potash Ltd: December 2020 Quarterly Report


December 2020 Quarterly
Report
Salt Lake Potash Limited (SO4 or the Company) is pleased to present its Quarterly Report for the period ending 31 December 2020.
The Company is focussed on transitioning from developer to producer at the Lake Way SOP Project in Wiluna, Western Australia, as it looks to complete construction and commence commissioning the Process Plant in the current quarter.
Quarterly Report Highlights 
Project Financial Close delivered
·
Financial Close for the Lake Way Project was achieved in December with an equity financing including a A$52m share placement and A$5m Share Purchase Plan (subsequently upsized to A$8m on strong demand), priced at A$0.40 per new share. Following completion of the placement the Company drew the first US$105m tranche of the US$138m Taurus/CEFC debt facility with US$45m used to repay the Taurus Bridge Facility. ....

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