Vanadium Resources Ltd owns the world-class Steelpoortdrift Vanadium Project located within the Bushveld Complex of South Africa. The Project resource is 612Mt at an in situ grade of 0.78% V2O5 including a high grade resource of 167Mt at an in situ grade 1.07% V2O5.

This resource generates a high grade, high quality concentrate with ~2.2% V2O5, ~12% TiO2, 58% Fe and low silica and alumina. The Company has completed a Scoping Study and is currently advancing further studies into the project. The Company name recently changed from Tando (ASX:TNO).