Mining Weekly reported that limited funding and unfavourable outlook for financing has caused ASX-listed Speewah Metals to suspend current pilot study and prefeasability work on its namesake titanium/vanadium project. The project was estimated to have a mine life of approximately 100 years.
As quoted in the press release:
Speewah has appointed an investment bank to initiate discussions with a list of international industry groups to investigate the potential of joint venturing on the Speewah project, as well as any other transactions related to the titanium/vanadium project.
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