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Tivan Limited (ASX:TVN)

ALERT: Price-sensitive ASX Announcement for TVN
Current share price for TVN : $0.275 0.01 (3.77%)+
Announcement
Release
24 Jun 2026 9:32AM
Price at Release
$0.265
Full Release
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Summary
Tivan Limited has signed a Memorandum of Understanding (MoU) with Aboriginal Investment NT (AI NT) for the Molyhil Tungsten Project, setting a framework to explore collaborative opportunities in the Northern Territory. This agreement aims to facilitate Aboriginal participation in critical minerals projects by promoting self-management and economic self-sufficiency for Aboriginal Australians. The MoU outlines potential direct investment by AI NT, as well as opportunities in employment, procurement, and business contracting. Additionally, Tivan is conducting a Pre-Feasibility Study for the project, with plans for a Definitive Feasibility Study. Tivan's efforts align with its ongoing collaboration with the Central Land Council, focusing on educational, vocational, cultural, and commercial opportunities for Aboriginal communities.
Key Points
  • Tivan signs MoU with AI NT for Molyhil Tungsten Project.
  • AI NT manages over $600 million in funds.
  • Collaborative opportunities focus on Aboriginal participation.
  • Potential for direct investment by AI NT.
  • Tivan advancing Pre-Feasibility Study.
  • MoU supports economic and cultural wellbeing of Aboriginal people.
  • Focus on self-management and self-sufficiency for Aboriginal Australians.
  • Partnership to explore employment and business contracting opportunities.
  • Tivan's ongoing commitment with Central Land Council.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.