Vanadium Resources Ltd - VR8 share price

About

Vanadium Resources Limited is an Australia-based vanadium producer. The Company is focused on developing its flagship project, the Steelpoortdrift Vanadium Project which is strategically located 15 kilometers (km) apart within the Bushveld Geological Complex in South Africa. The Steelpoortdrift Vanadium Project consists of the Steelpoortdrift Mine, Concentrator Plant, and Salt Roast Leach Processing Plant. Steelpoortdrift Vanadium Project boasts a substantial vanadium deposit for generations to come with a Mineral Resource of 680 million tons at an average in-situ grade of 0.70% V2O5 (equivalent to 4.74 million tons of contained metal) and a Proved and Probable Ore Reserve of 77 million tons at an average in-situ grade of 0.72% V2O5 (equivalent to 0.55 million tons of contained metal). The Company is engaged in transforming vanadium applications across various sectors, including energy storage, infrastructure development, and more.