Natasha Fyles Nicole Manison Media Release Leading Critical Minerals Company Tivan to call Darwin Home21 April 2023 More and more private companies are turning to the Northern Territory, because they know it is the best place to invest. Leading Australian critical minerals company Tivan has decided to move its company headquarters to Darwin, as it plans to expand its locally based team in the months ahead– signalling more local jobs to come. This move strengthens Tivan’s presence in the NT to support the next phase of planning and stakeholder engagement for its processing facility, earmarked to be developed at the Middle Arm Sustainable Precinct. Tivan is pursuing a globally significant project that will see the development of a multi‑mineral hub in Darwin that will process critical minerals that are essential for renewable energy. Tivan’s minerals processing facility will create 1,500 jobs during construction, and approximately 1,000 highly skilled long-term employment opportunities, and will be processing vanadium, titanium and iron. Quotes attributed to Chief Minister Natasha Fyles: “The Territory is rapidly emerging as a key player when it comes to the global supply chains for the critical minerals required for new technologies and the energy transition. “Tivan moving their headquarters to Darwin signifies that the Territory is a critical minerals hub. It also shows Middle Arm is one of the most exciting and significant developments in the nation, and it will support thousands of jobs for Territorians. “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.” Quotes attributed to the Minister for Mining and Industry, Nicole Manison: “The Territory has the critical minerals the world needs to support renewable energy, battery storage and high-tech industries. “This announcement by Tivan shows their belief in the Territory – creating new industry and supporting job creation.” Quotes attributed to Tivan Executive Chairman Grant Wilson: “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 (MASDP). HQ will now be proximate to Tivan’s core interests and future workforce, and to greater Asia as well. “Today’s announcement also has important symbolic resonance. 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.” Northern Territory Government |