More jobs in the critical minerals sector are expected to open in the Northern Territory with industry-leading company Tivan set to move to its new headquarters in Darwin.
The company is also planning to expand its locally based team in the month ahead, signalling the creation of more jobs in the region.
The new processing facility will create 1,500 jobs during construction and approximately 1,000 highly skilled long-term employment opportunities in processing vanadium, titanium, and iron, the Northern Territory government said in a press release.
The move also strengthens Tivan’s presence in the Northern Territory to support the next phase of planning and stakeholder engagement for its processing facility, earmarked to be developed at the Middle Arm Sustainable Development Precinct (MASDP).
The company is currently overseeing a globally significant project that involves the development of a Darwin-based multi-mineral hub that will process critical minerals that are essential for renewable energy.
“The need for new critical mineral mines and mineral processing continues to grow to support the demand for renewable energy, battery storage and high-technology industries. This presents significant economic and strategic opportunities for the Territory to become a reliable supplier of minerals to support the transition to a decarbonised economy,” said Chief Minister Natasha Fyles.
“Relocating HQ to Darwin is an important substantive step forward for Tivan. It will materially assist in project facilitation, especially in respect of our Pilot Plant and the significant work we have ahead at the Middle Arm Sustainable Development Precinct. HQ will now be proximate to Tivan’s core interests and future workforce and to greater Asia as well,” said Tivan Executive Chairman Grant Wilson.
“Tivan is now one of a handful of ASX-listed companies with HQ in the Northern Territory and remains the sole public proponent at MASDP. The move will further differentiate our corporate profile and value propositions, as we continue to deepen relationships with key stakeholders, including in community, government and First Nations,” Wilson added.
