MD Ian Prentice delivered a webinar to investors giving an overview of the Company’s proposed merger with Australian Vanadium Limited (ASX: AVL) (AVL) via a Scheme of Arrangement (Scheme). The webinar follows the release of the Scheme Booklet on 5 December 2023. The presentation is followed by a Q&A session.
MD Ian Prentice discusses the proposed merger between TMT and AVL via a Scheme of Arrangement, and the positive synergies that will be realised from a consolidated Australian vanadium developer. Critically, a Technical Working Group has been established comprising members from the TMT and AVL teams, to work through details of integration and optimisation of the merged project.
MD Ian Prentice spoke to Ausbiz about the proposed merger between Technology Metals Australia (ASX: TMT) and Australian Vanadium (ASX: AVL) via a Scheme of Arrangement. The proposed merger is expected to provide a unique opportunity to realise operational and corporate synergies by creating a single integrated Australian vanadium developer.
CFO Elisha Civil talks through the Company’s flagship Murchison Technology Metals Project, which will produce vanadium pentoxide and a lucrative by-product ilmenite using a proven conventional processing methodology in the Mid West of WA.
CFO Elisha Civil provided an overview of the company’s progress in advancing the Murchison Technology Metals Project, identifying environmental and heritage approvals, negotiations on the Project Access Agreement with Traditional Owners, construction readiness and optimisation, and financing and customer discussions as the key workstreams the company is actively working towards.
MD Ian Prentice provides an update at the Noosa Mining Conference on the progress in the development of the Murchison Technology Metals Project (MTMP), and the Company’s ore to electrolyte strategy which includes production of vanadium electrolyte in Australia for use in vanadium batteries.
MD Ian Prentice explains the progressing of important Implementation Phase works that will allow a smooth transition into the construction and operation phases from the $11.5 million capital raise announced on 24 May 2023. Ian also explains the Independent Technical Engineer (ITE) review process for the Murchison Technology Metals Project, which will continue to be progressed to support finance engagement.
MD Ian Prentice discusses the ongoing support being received from cornerstone investor Resource Capital Funds (RCF) and the new strategic and institutional investors coming onboard. The TMT team will use these funds to progress the timely and efficient delivery of the Murchison Technology Metals Project (MTMP).
Chief Financial Officer Elisha Civil provides an update on the Company’s recent activities towards the development of the Murchison Technology Metals Project (MTMP), including the emissions reduction strategy that is being planned. She also provides an overview on the growth expected in the vanadium redox flow battery market.
MD Ian Prentice talks to David Tasker at The Pick at the Future Facing Commodities Conference in Singapore in April 2023. Ian discusses the trajectory of the vanadium market towards the energy storage sector, with the vanadium produced from TMT’s flagship Murchison Technology Metals Project (MTMP) being highly suited for use in vanadium electrolyte. TMT recently executed an MoU with Delectrik Systems, a fast-growing Indian VRFB manufacturer, for supply of vanadium products.