Ian Prentice, Managing Director of Technology Metals Australia shares progress on the Murchison Technology Metals Project which will produce vanadium for large scale energy storage solutions and also ilmenite, another critical mineral.
Technology Metals Australia Managing Director Ian Prentice talks about the world’s next primary vanadium mine: the Murchison Technology Metals Project (MTMP).
Ian Prentice explains how the development of the proposed pipeline under an early works agreement with APA Operations Pty Ltd is a significant step in de-risking the development of the Murchison Technology Metals Project, the world’s next large-scale primary vanadium mine. Early works will be progressed under the agreement including the preparation of licences, initial engineering design and identification of long lead procurement items.
Technology Metals Australia Managing Director Ian Prentice presents at Paydirt Battery Minerals Conference in April 2022, explaining why we will be one of the lowest cost primary producers of vanadium in the world.
Ian Prentice discusses 96% vanadium recovery for the ore feed from the Murchison Technology Metals Project (MTMP) during the batch kiln roast-leach tests. The findings will support an ore reserve update, a core component of the Integration Study for the MTMP.
Managing Director Ian Prentice explains the progress of the Yarrabubba integration study into the Murchison Technology Metals Project and development of gas pipeline to service to project. He also outlines our plans for downstream processing of vanadium electrolyte for energy storage solutions.
This video takes you through the Murchison Technology Metals Project (MTMP) located south of Meekatharra, Western Australia. The MTMP is made up of the Gabanintha (vanadium) and Yarrabubba (vanadium + titanium) orebodies. Together they represent one of the most advanced vanadium development projects in the world. The MTMP will be one of the largest producers of vanadium and is looking at downstream processing to supply the growing battery storage market. TMT’s vision is to help create a cleaner future.
Ian Prentice explains how TMT has strengthened its vanadium electrolyte technology partnership with LE System Co Ltd, extending and expanding the partnership’s memorandum of understanding to develop vanadium electrolyte production capacity in Australia. LE System is a Japanese vanadium redox flow battery (VRFB) research and development company, a global leader in vanadium electrolyte technology.
Ian Prentice discusses the increase of the Yarrabubba resource by 32% to 36.6Mt at 0.8% V2O5. Crucially, the Indicated resource now stands at 20.2Mt at 0.9% V2O5 – representing a 110% increase. Work is now underway to update the Ore Reserve estimate.
Ian Prentice speaks to Proactive about attracting new cornerstone investor Resource Capital Fund VII LP as part of a placement that will raise $20 million. RCF invests in quality mineral assets with motivated management teams committed to sustainable business practices.