Date:May 31, 2018
High purity +99% vanadium pentoxide product from Gabanintha
Special report: Technology Metals Australia has proven its Gabanintha project can produce a high purity vanadium pentoxide product of over 99 per cent using low-cost conventional processing methods.
Benchmark vanadium pentoxide pricing is based on a 98 per cent purity product. The high purity of product at Technology Metals’ (ASX:TMT) Gabanintha project may enable it to receive premium pricing.
Downstream processing testwork focused on the extraction of vanadium pentoxide from magnetic concentrates utilising conventional salt roast/water leach processing, confirming that the processing route can deliver a high purity vanadium product at Gabanintha.
Previous testwork has definitively shown that magnetic concentrates produced from all zones of the massive magnetite and the fresh disseminated magnetite are amenable to this conventional processing route.
Managing director Ian Prentice said the outcome confirms the “extremely high quality of the Gabanintha vanadium deposit and the scope to deliver a premium product direct from the mine gate”.