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.
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.
| 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
Project area outline
What we produce
Titanium
Titanium Metal
Titanium Dioxide
Ferro Titanium
Vanadium
Ferro Vanadium
Vanadium Pentoxide
Iron
Pig Iron (Brazilian Grade)
Other mineral product:
Phosphate
Magnetite Concentrate
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
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.