King River Resources Limited (ASX: KRR) is focussed on the delivery of the high value high purity alumina 4N HPA used in clean energy and high technology applications. KRR also has a very large Mineral Resource containing other specialty metals including vanadium and titanium within its large landholding in Western Australia.
Through the development of its flagship HPA Project, King River Resources aims to become a significant world producer of 4N HPA.
King River Resources Limited (KRR) is an exploration resources company with tenements at Speewah and Mt Remarkable in the East Kimberley region of Northern Western Australia and east of Tennant Creek in the Northern Territory. The Speewah project covers Australia’s largest vanadium-in-magnetite deposit with potential for V, Ti and high purity alumina (HPA) extraction. It also hosts the high grade Windsor Fluorite deposit, with end uses in the steel, aluminium and chemical industries. Mt Remarkable is a high grade epithermal gold discovery and the Tennant Creek asset is prospective for copper and gold.
KRR is positioning itself to be a significant producer of 4N HPA in the rapidly developing LED, electric vehicle battery, smartphone and television screen and other associated high-tech product markets.
KRR will continue to evaluate its Speewah Vanadium-Titanium deposit to expand its specialty metals focus to become a high purity vanadium pentoxide (V2O5) and titanium dioxide (TiO2) producer to take advantage of future expansions in the vanadium flow battery energy storage, Al-Ti-V super alloy and TiO2 pigment markets. KRR has also been re-evaluating its Windsor Fluorspar deposit for the production of acid grade fluorspar (CaF2) and its use in making products for the battery supply chain.
All these markets targeted by KRR are seen to be in increasing demand.