RVTs Quarterly Report: Progress and Appointments

Jul 18, 2023

Richmond Vanadium Technology Limited (ASX: RVT) has released its Quarterly Activities Report, covering the period ending June 30, 2023. RVT, an Australian resources company, is focused on developing its Richmond Vanadium Project in North Queensland. The report highlights several key developments, including the appointment of DRA Global as the engineering consultant for the project's Bankable Feasibility Study (BFS). Additionally, a metallurgical sample drill program was completed to facilitate independent testing of RVT's patent-pending process flowsheet.

The Terms of Reference (TOR) for the project's Environmental Impact Statement (EIS) were finalized by the Queensland Government. The BFS and EIS will run concurrently until the fourth quarter of 2024. RVT has adopted the World Economic Forum's ESG framework and engaged Socialsuite, a technology platform, to monitor and disclose ESG progress. In terms of management changes, Jon Price was appointed as the new Managing Director, while Dr. Shaun Ren transitioned to the role of Non-Executive Director. The company raised AU$25 million through its ASX listing to fund the Bankable Feasibility Study and other operational expenses.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com