Tivan
| Company type |
|
|---|---|
| ASX: TVN | |
| Industry | Mining Critical minerals |
| Founded | 1970 (as TNG Limited) |
| Headquarters | Darwin, Northern Territory, Australia |
Key people | Grant Wilson (Executive Chair) Dr Guy Debelle (Non-Executive Director) |
| Products | Fluorite |
| Website | tivan |
Tivan Limited (ASX: TVN) is an Australian mineral exploration and development company headquartered in Darwin, Northern Territory. The company holds interests in projects in the Northern Territory and Western Australia, with a focus on critical minerals including vanadium, fluorite and tungsten. It was known as TNG Limited until January 2023.
History
Early years and Mount Peake
The company was established in 1970 and operated under the name TNG Limited. For much of its recent history, its principal asset was the Mount Peake Vanadium-Titanium-Iron Project, located north of Alice Springs. TNG proposed developing the project using a proprietary hydrometallurgical process known as the "TIVAN" technology, targeting vanadium pentoxide, titanium dioxide and iron oxide products.[1] The project advanced to a Definitive Feasibility Study but did not proceed to construction.
2022 board changes and rebrand
In late 2022, a shareholder campaign led by Grant Wilson sought changes to the board, citing concerns regarding governance and progress at Mount Peake.[2] Following a general meeting in November 2022, the incumbent board was replaced and Wilson was appointed Executive Chair.
In January 2023, shareholders approved renaming the company to Tivan Limited.[3]
Projects
Speewah Project
In February 2023, Tivan acquired the Speewah Vanadium-Titanium-Iron Project from King River Resources for A$20 million. The project is in the East Kimberley region of Western Australia. Although the area hosts a large vanadium resource, the company has stated that its near-term development focus is on fluorite.
In 2024, Tivan entered into a joint venture with Sumitomo Corporation to progress the fluorite component of the project.[4]
In 2025, funding for the project was supported by a strategic investment agreement with ETFS Capital, including an initial A$8.3 million share placement and a non-binding term sheet for a proposed further equity investment.[5]
Molyhil and Sandover
In 2025, Tivan acquired the Molyhil Tungsten-Molybdenum Project in the Northern Territory. The acquisition expanded the company's central Australian portfolio, which also includes the Sandover Project. Sandover was initially explored for lithium but is considered prospective for fluorite. Tivan has partnered with Earth AI for machine-learning-assisted exploration at Sandover.[6]
Regulatory and environmental matters
Indigenous heritage considerations
Development planning for Speewah has involved consultations with traditional owners regarding culturally significant sites. In 2025, Tivan agreed to realign a proposed access road following concerns raised regarding the Liyama Spring and Liyama Gorge areas.[7]
Corporate affairs
The company's board and senior advisers include several figures with backgrounds in finance and public policy.
- Grant Wilson, Executive Chair.[8]
- Dr Guy Debelle, Non-Executive Director and former Deputy Governor of the Reserve Bank of Australia.[9]
Some commentators have noted that the company positions its projects within broader discussions on critical minerals supply chains.[10]
See also
References
- ^ "TNG Ltd's Mount Peake project awarded major project status". Mining Technology. 18 November 2019.
- ^ Thompson, Sarah (28 November 2022). "TNG board spill: Grant Wilson claims victory". The Australian Financial Review.
- ^ "Change of Name to Tivan Limited" (PDF) (Press release). ASX. 25 January 2023.
- ^ "Tivan and Sumitomo Corporation form Joint Venture". Mining Weekly. 12 March 2024.
- ^ "Tivan receives commitments for $15m share placement" (PDF). ASX. 16 September 2025.
- ^ "Tivan and Earth AI team up for Sandover exploration". Stockhead. 7 March 2023.
- ^ "Tivan progresses culturally sensitive access road realignment for Speewah project". Mining Weekly. 13 June 2025.
- ^ "Grant Wilson's columns". The Australian Financial Review. Retrieved 12 December 2025.
- ^ "Former RBA deputy Guy Debelle joins Tivan board". The Australian Financial Review. 1 September 2023.
- ^ Hewett, Jennifer (15 February 2023). "Tivan's push against Chinese dominance in critical minerals". The Australian Financial Review.