Tivan
Tivan Limited is an Australian mineral exploration and development company headquartered in Darwin, Northern Territory. The company holds interests in projects in the Northern Territory and Western Australia, with a focus on critical minerals including fluorite, tungsten and vanadium. It was known as TNG Limited until January 2023.
History
Early years and Mount Peake
The company was established in 1970 and operated under the name TNG Limited. For much of its recent history, its principal asset was the Mount Peake Vanadium-Titanium-Iron Project, located north of Alice Springs. TNG proposed developing the project using a proprietary hydrometallurgical process known as the "TIVAN" technology, targeting vanadium pentoxide, titanium dioxide and iron oxide products. The project advanced to a Definitive Feasibility Study but did not proceed to construction.2022 board changes and rebrand
In late 2022, a shareholder campaign led by Grant Wilson sought changes to the board, citing concerns regarding governance and progress at Mount Peake. Following a general meeting in November 2022, the incumbent board was replaced and Wilson was appointed Executive Chair.In January 2023, shareholders approved renaming the company to Tivan Limited.
Projects
Speewah Project
The Speewah Project is located in the East Kimberley region of Western Australia and comprises two distinct mineral development initiatives: a vanadium–titanium–iron project and a fluorite project.In February 2023, Tivan acquired the Speewah Vanadium–Titanium–Iron Project from King River Resources for A$20 million. The vanadium component hosts a large mineral resource but has not been prioritised for near-term development.
Tivan has identified the Speewah Fluorite Project as its primary near-term development focus at Speewah. In 2025, the company entered into a joint venture with Sumitomo Corporation.
In 2025, development funding for the fluorite project was supported by a strategic investment agreement with ETFS Capital, including an initial A$8.3 million share placement and a non-binding term sheet for a proposed further equity investment. Tivan has stated that a final investment decision for the Speewah Fluorite Project is targeted for later in 2026, subject to permitting, financing and joint venture approvals.
Molyhil
In 2025, Tivan Limited acquired 100% ownership of the Molyhil Tungsten–Molybdenum Project in the Northern Territory, a brownfield project located approximately 220 km northeast of Alice Springs. The acquisition expanded the company's central Australian portfolio, which also includes the Sandover Project. Following the acquisition, Tivan announced a program of technical review and permitting activities at Molyhil, including confirmation of tenure and historical data validation.Sandover
The Sandover Fluorite Project has been identified as prospective for fluorite mineralisation. Tivan has stated that the project forms part of its strategy to develop fluorite assets in northern Australia.The Sandover AI Project is a separate exploration program. In 2023, Tivan entered into a collaboration with Earth AI to apply artificial intelligence methods to exploration data at Sandover.
Timor-Leste
Tivan holds exploration interests in Timor-Leste, where it is assessing the prospectivity of copper and gold mineralisation. The exploration program is at an early stage and focuses on regional-scale targeting and data compilation.The company has stated that the Timor-Leste activities form part of its broader critical and strategic minerals exploration strategy in underexplored jurisdictions.
Regulatory and environmental matters
Indigenous heritage considerations
Development planning for Speewah has involved consultations with traditional owners regarding culturally significant sites. In 2025, Tivan agreed to realign a proposed access road following concerns raised regarding the Liyama Spring and Liyama Gorge areas.Corporate affairs
The company's board and senior advisers include several figures with backgrounds in finance and public policy.- Grant Wilson, Executive Chair.
- Dr Guy Debelle, Non-Executive Director and former Deputy Governor of the Reserve Bank of Australia.