TNG signs MoU with Downer

Emerging strategic metals company TNG has signed a wide ranging non-binding memorandum of understanding (MoU) with global engineering and services provider Downer EDI to participate in the development, construction and operation of its 100%-owned Mount Peake vanadium-titanium-iron project in Australia’s Northern Territory

TNG signs MoU with Downer TNG signs MoU with Downer TNG signs MoU with Downer TNG signs MoU with Downer TNG signs MoU with Downer

Magnetite in drill core trays at the Mount Peake project

Under the terms of the MOU, TNG and Downer will work together in a number of areas to identify opportunities and secure Downer’s involvement as a key development partner involved in the construction