Vanadium Resources Limited (ASX:VR8) (FRA:TR3) is developing the Steelpoortdrift Vanadium Project, a 74% owned, tier 1, licensed mining project located in the Limpopo Province of South Africa (86.49% interest subject to completion as announced in May 2023).
The Steelpoortdrift project is titaniferous magnetite deposit and is located in the prolific Bushveld Geological Complex within a known mineral and vanadium producing area. Accordingly, the Project is within reach of proven processing plants, railway and road options, ports and utilities.