Ironveld PLC is a company with a vision to establish a vertically integrated vanadium mining and processing business. The company's High Purity Iron, Vanadium, and Titanium project, located in the Limpopo Province of South Africa, has caught the attention of investors. With rights to vast mineral resources, including 80 million tonnes of magnetite ore and 32 million tons of High Purity Iron in situ, Ironveld has positioned itself as a significant player in the industry. Notably, the company's JORC compliant mineral resources demonstrate an estimated 1.6 billion pounds of Vanadium, equivalent to four times annual global demand. Established in 1996, Ironveld PLC received a substantial £1.77M Post-IPO Equity investment on 27 November 2017. The company's strategic location on the Northern Limb of the Bushveld Complex further enhances its potential in meeting the increasing demand for vanadium in steel alloys and vanadium redox batteries. This investment has the potential to position Ironveld as a key player in the global market for high-purity iron, vanadium, and titanium.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Debt | £325.00K | 1 | Tracarta | 02 Feb 2024 |
Post-IPO Equity | £1.77M | - | 27 Nov 2017 |
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