Investments

Fodere Titanium Limited

Jangada has a 3.6% investment in Fodere, a UK minerals technology company, which has developed new and innovative commercial processes and applications in extractive metallurgy, to extract titanium dioxide, vanadium pentoxide and other valuable products from low-grade ores and waste stockpiles.  With an interest on battery related metals, the Board believe this is synergistic to its ferro vanadium project in Brazil.

Titanium dioxide has a number of uses, the main one being as a feedstock for producing pigments. Other applications include conversion to titanium metal. Vanadium pentoxide is an intermediate product which is generally converted to ferrovanadium. A new and growing use is to convert from the pentoxide form to vanadium compounds used in redox- flow batteries, a highly efficient heavy-storage battery.

Fodere’s process will deliver significantly lower costs than existing methods, allowing the treatment of ores and stockpiles hitherto uneconomic to treat. Such material could thus be acquired at relatively low cost, either directly or via JVs with the owners on attractive terms for Fodere.

For further information visit: https://foderegroup.com