Date: Sep 13, 2018
Technology Metals Australia Ltd (ASX:TMT) has achieved an impressive high purity 99.53% vanadium pentoxide (V2O5) in test work from the Gabanintha Vanadium Project in Western Australia.
Initial product generation tests have confirmed that the project is amenable to producing very high purity V2O5 using conventional salt roast/water leach processing.
This method has relatively low reagent consumption and does not require additional costly contaminant removal steps.
“Very exciting achievement”
Managing director Ian Prentice said, “To achieve greater than 99.5% purity of V2O5 product from this phase of test work is a very exciting achievement for the company.
“I look forward to presenting these results to interested parties during my current visit to China.”
Shares are up almost 14% intra-day to 59.5 cents.