Building a globally significant strategic metals company
Vital Metals Limited (VML) is an ASX listed company focused on the development of the Watershed scheelite project located in Queensland:
- DFS has confirmed a 2.5Mtpa operation will deliver high-quality tungsten concentrate over an initial mine life of approximately 10 years.
- Project is fully permitted with all Mining Leases, Environmental Authority and Indigenous Land Use Agreement in place.
- JOGMEC working to secure a Joint Venture partner (30%) that would have an off-take interest and responsibility for arranging its share of project finance.
- Simple open cut mining operation using excavators and trucks, no pre strip required.
- Significant exploration potential to add additional life to the proposed mine development.