Technology Metals Australia Limited (ASX:TMT) is a future-oriented ASX-listed company focused on the development of its flagship, 100 per cent owned Murchison Technology Metals Project (MTMP), which is expected to meet global demand for high-purity vanadium, increasingly recognised as a critical mineral around the world. The MTMP is located 50km southeast of Meekatharra in the mid-west region of Western Australia and is one of the highest-grade vanadium projects in the world, with planned production at 6% of current global vanadium demand.
The MTMP has a Global Mineral Resource Estimate (MRE) of 153.7Mt at 0.8% Vanadium Pentoxide (V2O5), with the Integration Study incorporating high-grade ore from the Yarrabubba satellite deposit into the central processing hub at Gabanintha. The completion of the Integration Study has facilitated the progression of the Implementation Phase of the MTMP and the move towards development, construction, and operation of the project.
TMT’s vision is to be a leader in the Australian and international vanadium industry playing a crucial role in meeting a growing demand for a critical metal that helps the world to decarbonise. Together with vLYTE, TMT’s wholly owned subsidiary focused on adding downstream value to high-quality feedstock, the MTMP will be a strategic, long-life asset supporting the nascent and fast-growing vanadium redox flow battery industry. TMT’s ESG values are demonstrated in our environmental stewardship, planned minimisation of greenhouse gas emissions at the MTMP, contribution to the social and community fabric, care in the safety, wellbeing, and career development of our people, and ethical corporate governance.