Date:Jun 15, 2018
BEIJING (Asian Metal) 15 Jun 18 – On June 12, Australian-based TNG Limited announced that it has signed a Heads of Agreement (HoA) with the BBI Group Pty Limited (BBI), owner of the Balla Balla Vanadium Titanium Iron (BBVTI) project located on the coast of the Pilbara in Western Australia, for strategic collaboration and evaluation of mutually beneficial opportunities for their respective Australian vanadium assets.
The HoA will allow the companies to assess the potential applications of TNG’s 100% owned TIVAN technology to BBTVI’s resource as well as commercial cooperation and synergies in the possible development of the BBTVI and the Mount Peake Project.