Tivani Overview

World class titanium project with large iron, vanadium and phosphate opportunities in Limpopo, South Africa.

Open pit loading and hauling operations,
preceded by drilling and blasting.

Smelt tests have proven TiO2 Slag
and Pig Iron production

Mining Right received from the Department of Mineral Resources of South Africa
on December 11, 2013.
Large existing mineral ore body with NI 43-101 compliant resource of 471 million
tonnes of titaniferous magnetite over the Tivani Project (13 square km) .
Drilled 420 holes totaling 31,523 meters of stored core.
Negotiations are in place to acquire neighboring Extension Properties. Total EP
is expected to add 1.0 to 1.5 billion tonnes to Tivani’s existing resource.
Existing road, rail and port infrastructure, water resources, and available power grid to support near term and long term mine plans. Power will be supported by backup generators.
Extensive preparation work and studies have been done by the Ferrox team, with over USD 75 million of already invested in the development work of the asset, including on the geology, mine planning, mineral processing alternatives, potential product sales, corporate social responsibility with the local communities and the legal licensing aspects in a South Africa context

Location

The Tivani Project is favourably located in an area well known for its mining and smelting operations. It is 20 km southeast of the municipality of Tzaneen (pop. 30,000), and is 338 km from Johannesburg. Access to the nearest deep water ports are Maputo, Mozambique (370km) and Richards Bay (650 km) via major roads.

The site is also conveniently located 90 km from to the Phalaborwa site of existing smelting operations.

Tivani Project Area

Project area outline

Products

Titanium

Titanium Metal

Titanium Dioxide

Ferro Titanium

Vanadium

Ferro Vanadium

Vanadium Pentoxide

Iron

Pig Iron (Brazilian Grade)

Other mineral product:
Phosphate

Magnetite Concentrate

Infrastructure

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

Learn more

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.

Meet the team