Tivan Limited (ASX:TVN) Achieves Enhanced Fluorite Grades in Speewah Project
Testwork Results
Tivan Limited has successfully completed flotation optimisation testwork for its Speewah Fluorite Project in Western Australia. The program achieved fluorite grades of up to 98.8% CaF₂ and improved recoveries from 90% to 95% at the 97% CaF₂ acidspar product specification, surpassing historic flotation testwork results.
Next Steps
The company is advancing with a comminution and beneficiation testwork program to support the engineering design of the process plant as part of the ongoing Feasibility Study. Additionally, Tivan is evaluating the production of a metspar by-product through a concept study initiated with Lycopodium, aiming to enhance project revenue streams.
Executive Comments
Executive Chairman Mr Grant Wilson stated, “We are very pleased to have achieved this important technical milestone. The testwork results represent major de-risking of the Speewah Fluorite Project and open multiple pathways for design optimisation and revenue enhancement going forward.”
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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