LONDON (ShareCast) - High purity metals producer Ironveld said it has Environmental Impact Assessment approval for a vanadium and titanium project in South Africa.
The 15MW DC smelter for the production of metals has approval from the Limpopo Department of Economic Development Environment and Tourism, Ironveld said in a statement.
Ironveld chief executive Peter Cox said approval was another important milestone in delivery of the smelter.
Despite the news, the stock was down 1.9% at 6.5p by 08:47 on Monday.
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