King River Resources Outlines Development Plan For Speewah Project

(MT Newswires) — King River Resources (ASX:KRR) outlined the conceptual development plan for the Spewah vanadium project in Western Australia, the miner said on Friday.

The miner envisions the Speewah to become an integrated open-cut mining operation and processing facility to process five million tonnes per annum of material into magnetite concentrate products.

The export-quality concentrates can then be refined via salt and reduction roast to yield vanadium pentoxide, titanium dioxide, and iron as finished products.

Company shares sank 7% at market close.

Price (AUD): $0.01, Change: $0.00, Percent Change: -7.14%