QualityStocksNewsBreaks – Smartkem, Inc. (NASDAQ: SMTK) Welcomes Ferrox Accelerated Tivani Development Program Targeting Q4 2026 Production
Smartkem (NASDAQ: SMTK) welcomed an announcement from proposed merger partner Ferrox Critical Materials that Ferrox is advancing an accelerated development program for the Tivani Project in Limpopo, South Africa, targeting a working demonstration-scale processing circuit during the fourth quarter of 2026. The revised pathway combines on-site ore preparation and wash-plant infrastructure with a toll-milling arrangement with a local South African operator, with the demonstration program targeting an ilmenite concentrate grading approximately 56% TiO2 and a magnetite concentrate grading approximately 62% Fe, subject to commissioning, metallurgical performance and final operating parameters. Tivani Toll-milling site in South Africa, showing the spiral concentrator, mill and associated processing infrastructure planned to…