Ironveld plc

Ironveld (AIM:IRON) has a High Purity Iron, Vanadium and Titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province South Africa.

[Ironveld plc @IronveldPLC]

(2/2) He has an extensive global entrepreneurial background in corporate governance, marketing, finance, energy, renewable energies, mining and commodities. He will be based at the Company offices in Johannesburg, South Africa.

[Ironveld plc @IronveldPLC]

(1/2) Today, the company is pleased to announce the appointment of Kristoffer Andersson as Chief Executive Officer. Mr Andersson is a Swedish Economist with international executive level experience in both publicly quoted and private companies.⤵️
https://t.co/3eSxqcjdpF

[Ironveld plc @IronveldPLC]

(3/3) Post period, $IRON received a non-binding term sheet from a #SouthAfrican based financial institution to finance #IRON’s mining and smelting activities and its transition to production, which is subject to further due diligence

[Ironveld plc @IronveldPLC]

(1/3) ⛏️ $IRON announces its Interim Results for the six months ended 31 December 2023, which reports the successful first sales of metal products for high-purity #iron, #titanium slag & #vanadium slag ➡️ https://t.co/FJd5pi5rMj

[Ironveld plc @IronveldPLC]

(2/3) During the Period, #IRON progressed positive discussions with potential $iron powder customers, commenced mining activities and secured a cash subscription of £450,000 from Tracarta and a further £550,000 from existing shareholders

[Ironveld plc @IronveldPLC]

(3/3) Additionally, CEO, Martin Eales, has stepped down from the Board, and Executive Chairman, Dr. John Wardle, will take over his duties on an interim basis

[Ironveld plc @IronveldPLC]

(1/3) $IRON is pleased to announce that it is in receipt of a non-binding term sheet from a #SouthAfrican based financial institution regarding the asset level financing of #mining & #smelting activities at the Bushveld Complex ➡️ https://t.co/uMfuWijFvg

[Ironveld plc @IronveldPLC]

(2/3) #IRON will be able to invest in all Group operations, including the transition to production of #HighPurityIron Powders. The transaction is subject to further due diligence and the Board is assessing #IRON’s current funding requirements until a transaction can be completed

[Ironveld plc @IronveldPLC]

Did you know that #vanadium is used as an additive in the production of #steel? This increases the yield strength of $steel and decreases carbon emissions produced during the manufacturing process, which is important for $steel producers when achieving #Net-Zero carbon objectives

[Ironveld plc @IronveldPLC]

(2/2) This strategic financial boost will strengthen the Company’s working capital position. Discussions for direct institutional funding are ongoing, with expectations to close in H1 2024. #IRON

[Ironveld plc @IronveldPLC]

(1/2) $IRON has entered into working capital loan facility agreements with Tracarta, which allows #IRON to draw down up to £375,000. This consists of a £250,000 facility through a 12-month extension of the existing agreement and a new £125,000 facility ➡️ https://t.co/FW5L6lBzAW

[Ironveld plc @IronveldPLC]

According to @AMResearch_ the 3D printing market is projected to reach $46billion by 2030. Metal 3D printing is used to create finished parts in the aerospace and automotive industries which presents a huge opportunity for #HPIs https://t.co/4KqXtDLALB

[Ironveld plc @IronveldPLC]

At #IRON we believe in investing in the development of the younger generation, which is why we work alongside our local partners, The Imbumba Foundation and the Nelson Mandela Foundation, to provide hygiene support to around 600 female students

[Ironveld plc @IronveldPLC]

Curious about the #steel industry using #hydrogen? Read @VisualCap recent article. With the world transitioning to green methods of production, #IRON has partnered with BurnStar Technologies to explore the use of hydrogen as a gas reductant at Rustenburg: https://t.co/M0r98mLuLn

[Ironveld plc @IronveldPLC]

Great to see the #VRFB industry is starting to emerge in #SouthAfrica. Now more than ever, it is important to produce #EnergyStorage solutions to assist in the #GreenEnergyTransition, which is why we are producing #vanadium amongst other metals https://t.co/D8sKT2hjFl

[Ironveld plc @IronveldPLC]

The team at Ironveld would like to wish everyone a Happy New Year

[Ironveld plc @IronveldPLC]

Ironveld would like to wish everyone a Merry Christmas and a festive season

[Ironveld plc @IronveldPLC]

(2/2) $IRON will remove rented electrical generators and replace them with units that have a similar capacity at a lower cost in early 2024. An institutional funding transaction is expected to close in early 2024, which will enable substantial investment in all operations

[Ironveld plc @IronveldPLC]

(1/2) $IRON announces its final results for the 12 month ended 30 June 2023, highlighting the refurbishment of the Rustenburg Smelter, and the mining activities that commenced this year, marking #IRON’s first steps from development to production ➡️ https://t.co/jaTZvUZHxc

[Ironveld plc @IronveldPLC]

Tomorrow marks the Day of Reconciliation in #SouthAfrica, marking the end of apartheid and promoting national unity and fostering reconciliation for all in the country