https://www.miningweekly.com

Evraz Vametco granted new-order mining right for vanadium mine

8th May 2013

By: Natalie Greve

Creamer Media Contributing Editor Online

  

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JOHANNESBURG (miningweekly.com) – The Department of Mineral Resources (DMR) has granted the conversion of the old-order mining right for Evraz Vametco’s North West-based vanadium mine to a new-order mining right.

The application for the new-order mining right was submitted in 2004 and granted in 2013 for a period of 25 years. Evraz Vametco would now embark on the process of registering of the new-order mining right.

CEO Malcolm Curror said the new-order mining right would guarantee stable and uninterrupted production for the next 25 years.

The mine is a producer of Nitrovan, a unique vanadium-nitrogen product, which, according to the company, allows steelmakers to use less vanadium in high-strength steels, thus reducing vanadium costs.

Other products include vanadium trioxide and ammonium metavanadate.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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