Critical minerals developer Tivan has inked a $61 million financing deal with a London venture capital firm for its Speewah fluorite and vanadium project.
Tivan has signed its third collaboration with Sumitomo, this time agreeing to explore a joint development partnership at the former's tungsten-molybdenum camp.
On the back of securing funding deals to further develop its Speewah fluorite project in the East Kimberley, ASX-listed Tivan has officially confirmed its new leadership team.
ASX company Tivan has struck funding agreements worth $117 million with Japan's Sumitomo and an unnamed Australian family office to pursue development of the Speewah fluorite project.
Australia's first fluorite production facility has been granted major project status by the federal government, becoming the northernmost major project in the nation.
South Perth-based Tivan has received final regulatory approval to commence a maiden drilling campaign at its Sandover project in the Northern Territory.
Japanese trading giant Sumitomo Corporation has signed a deal with a Kimberley fluorite mine developer with an eye to forming a joint venture to underpin the project.