TNG Ltd. has awarded SMS Group with a contract for a Front-End Engineering and Design (FEED) study of TNG’s Mount Peake vanadium-titanium-iron project in Australia’s Northern Territory. The project is based on open-pit mining of a deposit that has estimated concentrator feed material totaling an 81 million mt at an average grade of 0.37% V2O5, 6.87% TiO2, and 26.38% Fe.
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