Mineweb reported that TNG Limited (ASX:TNG) announced the receipt of commitments of capital financing to advance its Mount Peake vanadium project.

The editorial is quoted as saying:

The funds raised will be used to progress the Mount Peake Project through to the completion of a Pre-Feasibility Study (PFS), including the delivery of a resource upgrade and pilot plant metallurgical work and associated studies on its newly developed revolutionary hydrometallurgical process for titanomagnetite vanadium deposits.

To read the full editorial, click here.