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Resources Stocks Down Under 25 November 2021: TNG Ltd, Future Metals, Kingston Resources
TNG Limited: Move over lithium, vanadium is here
In today’s edition of Resources Stocks Down Under, near-term vanadium producer TNG Ltd wants a share of the growing vanadium battery space by unlocking production at its flagship Mount Peake Vanadium-Titanium-Iron Project in the Northern Territory and is developing relationships with vanadium battery producers to raise adoption. As vanadium prices continue to rise, the company has now secured offtake contracts for 100% of Mount Peake’s high-value products, a step in the right direction for its funding strategy and green energy battery production interests.
Also in today’s edition, a look at platinum explorer Future Metals (ASX: FME) and gold explorer Kingston Resources (ASX: KSN).
Click here to read the previous edition of Resources Stocks Down Under published 18 November 2021