Tivan
 | This article may incorporate text from a large language model, which is prohibited in Wikipedia articles. (January 2026) |
 | |
| 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, Tungsten, Molybdenum, Vanadium |
| 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 fluorite, tungsten and vanadium. It was known as TNG Limited until January 2023.
History
[edit]Early years and Mount Peake
[edit]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
[edit]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
[edit]Speewah Project
[edit]The Speewah Project is located in the East Kimberley region of Western Australia and comprises two distinct mineral development initiatives: a vanadium–titanium–iron project and a fluorite project.
In February 2023, Tivan acquired the Speewah Vanadium–Titanium–Iron Project from King River Resources for A$20 million. The vanadium component hosts a large mineral resource but has not been prioritised for near-term development.[4]
Tivan has identified the Speewah Fluorite Project as its primary near-term development focus at Speewah. In 2025, the company entered into a joint venture with Sumitomo Corporation.[5]
In 2025, development funding for the fluorite 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.[6] Tivan has stated that a final investment decision for the Speewah Fluorite Project is targeted for later in 2026, subject to permitting, financing and joint venture approvals.[7]
Molyhil
[edit]In 2025, Tivan Limited acquired 100% ownership of the Molyhil Tungsten–Molybdenum Project in the Northern Territory, a brownfield project located approximately 220 km northeast of Alice Springs.[8] The acquisition expanded the company's central Australian portfolio, which also includes the Sandover Project. Following the acquisition, Tivan announced a program of technical review and permitting activities at Molyhil, including confirmation of tenure and historical data validation.[9]
Sandover
[edit]The Sandover Fluorite Project has been identified as prospective for fluorite mineralisation. Tivan has stated that the project forms part of its strategy to develop fluorite assets in northern Australia.[10][11]
The Sandover AI Project is a separate exploration program. In 2023, Tivan entered into a collaboration with Earth AI to apply artificial intelligence methods to exploration data at Sandover.[12][13]
Timor-Leste
[edit]Tivan holds exploration interests in Timor-Leste, where it is assessing the prospectivity of copper and gold mineralisation. The exploration program is at an early stage and focuses on regional-scale targeting and data compilation.[14]
The company has stated that the Timor-Leste activities form part of its broader critical and strategic minerals exploration strategy in underexplored jurisdictions.[15]
Regulatory and environmental matters
[edit]Indigenous heritage considerations
[edit]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.[16]
Corporate affairs
[edit]The company's board and senior advisers include several figures with backgrounds in finance and public policy.
- Grant Wilson, Executive Chair.[17]
- Dr Guy Debelle, Non-Executive Director and former Deputy Governor of the Reserve Bank of Australia.[18]
Some commentators have noted that the company positions its projects within broader discussions on critical minerals supply chains.[19]
See also
[edit]References
[edit]- ^ "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.
- ^ "Acquisition of Speewah Project". ASX. 2023.
- ^ "Tivan and Sumitomo finalise binding fluorite joint venture". Mining Weekly. July 2025.
- ^ "Tivan receives commitments for $15m share placement" (PDF). ASX. 16 September 2025.
- ^ "Speewah Fluorite Project Update". ASX. 2026.
- ^ "Acquisition of Molyhil Tungsten-Molybdenum Project". ASX. 2025.
- ^ "Molyhil Project Update". ASX. 2025.
- ^ "Sandover Fluorite Project". Tivan Limited. Retrieved 3 February 2026.
- ^ "Sandover Project Update". ASX. 2025.
- ^ "Tivan and Earth AI team up for Sandover exploration". Stockhead. 7 March 2023.
- ^ "Earth AI Exploration Agreement". ASX. 2023.
- ^ "Timor-Leste Exploration Update". ASX. 2025.
- ^ "Quarterly Activities Report". ASX. 2025.
- ^ "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.