14/11/2019 - 08:14

TNG banks $2m R&D tax windfall

14/11/2019 - 08:14

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Strategic metals company, TNG Limited has received a healthy $2.18 million refund under the Federal Government’s lucrative Research and Development, or “R&D” tax incentive scheme. The company received the funds in relation to test work for the commercial extraction of rare metals using its patented “TIVAN” process. Recently the company submitted the mine plan for its wholly-owned Mount Peake vanadium-titanium-iron project in the Northern Territory, which has an initial 37-year mine life.

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