Tivani Overview

A tier-1 titanium ilmenite resource with multi-commodity optionality

The Tivani Deposit is Ferrox's flagship asset — a large-scale,
open-pittable titaniferous magnetite deposit that hosts significant quantities of ilmenite, iron and vanadium. With a Mining Right in hand, an extensive drill programme completed, and smelter testwork validating product quality, Tivani is one of the most advanced undeveloped critical minerals projects in southern Africa.

TIVANI Pty Ltd. logo with a stylized vertical bar design in gray on a black background.

Project Overview

The Tivani Deposit occupies a 13 km² tenure located approximately
35 km east of Tzaneen in the Limpopo Province of South Africa. The deposit is hosted within the Rooiwater Igneous Complex — a layered igneous system comprising metamorphosed gabbros, anorthosites and granitoids that forms part of the Palaeoproterozoic Bushveld-equivalent provinces of southern Africa.

Drilling to date totals 420 holes across 31,523 metres of stored core, supporting a NI 43-101 compliant resource of 471 million tonnes of titaniferous magnetite. Negotiations are advanced for the acquisition of neighbouring Extension Properties, which are expected to add between 1.0 and 1.5 billion additional tonnes to the resource base.

Map of South Africa showing the Tivani Project, with routes and distances to Johannesburg, Maputo, Richards Bay, Durban, Cape Town, and Johannesburg.
Map of Africa highlighting South Africa in red.
Resource 471 Mt NI 43-101 compliant (titaniferous magnetite)
Project Area 13 km²
Deposit Strike 4.8 km east-west
Average Thickness 95 m (horizontal)
Dip 72°–80° south
Products TiO₂ slag, pig iron, vanadium pentoxide (V₂O₅)
Mining Right Granted 11 December 2013 (DMR, South Africa)
B-BBEE Interest 26% (Red River Exploration and Mining (Pty) Ltd)

KEY PROJECT FACTS

Tivani Project Area

Map with red boundary outlining a plot of land, marked with points labeled A through J, and a legend indicating PLC coordinates and Tivami PV area.

Project area outline

What we produce

Titanium

Close-up of a rough, shiny silver mineral specimen with jagged, reflective surfaces.

Titanium Metal

A pile of white powder on a black background.

Titanium Dioxide

Collection of gray and black rocks and stones

Ferro Titanium


Vanadium

A pile of gray, irregularly shaped rocks or mineral stones against a black background.

Ferro Vanadium

A mound of orange-colored spice on a black background.

Vanadium Pentoxide


Iron

A stack of rough, rectangular stone bricks with various gray and brown hues on a black background.

Pig Iron (Brazilian Grade)

A piece of dark gray volcanic rock or meteorite with rough, uneven surface and some white patches.

Other mineral product:
Phosphate

Magnetite Concentrate

A small pile of black soil on a black background.

Infrastructure

Existing road, rail, port, electricity and water accessibility (will require some upgrades)


Ferrox is targeting to put Tivani in production in near term for sands and weathered rock operations; this will transition to a larger term mining operation extracting hard-rock.

Near & Long Term Mining Plan

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A yellow excavator digging a trench in a dirt field, with a dump truck in the background.

Board of Directors and management overview

The team at Ferrox consists of a number of highly experienced individuals, who have a steady track record of developing mining assets, minimizing risks and achieving an attractive shareholder return.

Ferrox’s Management Team and Board have extensive mining and industrial expertise. They have successfully put mining and processing assets into production and operations with a strong exit track record.

The team is very hands-on and has developed the business plan for Ferrox in a modular way, to be able to quickly put the asset into first production and hence significantly de-risking the operations.