Ironveld PLCLSE Ironveld Stock Report

Ironveld Plc is a holding company, which engages in the exploration, mining, processing, and smelting of vanadiferous and titaniferous magnite in South Africa. The company is headquartered in Caerphilly, Glamorgan and currently employs 12 full-time employees. The company went IPO on 2001-05-04. The firm is engaged in the mining, exploration, processing and smelting of Vanadiferous and Titaniferous Magnetite in South Africa. The firm has a high purity iron, vanadium and titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province South Africa. The Bushveld is a metallogenic province covering approximately 66,000 square kilometers (km2) in the north of South Africa. The company hosts many mineral deposits, including platinum group metals, vanadium, chrome, palladium and rhodium. The company holds unfettered rights to mine an area of about 165 square kilometers with approximately 80 million tons of magnetite ore, 32 million tons of High Purity iron in situ and about 9 million tons of titanium. The Company, through Ferrochrome Furnaces Pty Limited (FCF), owns a mothballed smelter complex in Rustenburg, South Africa which is approximately 400 kilometers from its Bushveld mining project.