Investor Cash Fuels Tivan’s Critical Minerals Plans

Backed by ETFS Capital, the raise supports acquisitions and exploration as company pursues integrated supply chain strategy

22 Sep 2025

Tivan has raised A$15mn to expand its critical minerals projects in Australia’s Northern Territory, with cornerstone support from London-based investor ETFS Capital. The equity placement, priced at 10 cents a share, ranks among the largest such raisings in the sector this year and highlights renewed investor appetite for private funding.

Proceeds will complete the acquisition of the Molyhil tungsten and molybdenum project and advance exploration across Tivan’s wider portfolio, which also includes vanadium and fluorite assets. The company said it was not seeking to develop all projects at once but instead to consolidate them into a single precinct to lower costs and enable shared infrastructure.

Analysts said the move reflects a broader policy trend. Rather than exporting unprocessed ore, Australian producers are exploring “pit to product” models that integrate mining with downstream processing and potentially manufacturing. While such strategies remain at an early stage, they are intended to capture more value domestically and strengthen supply chain resilience.

Tungsten and molybdenum are less prominent than lithium or nickel but are critical for high-strength alloys, renewable energy systems, and defence technologies. Vanadium, also held in Tivan’s portfolio, is attracting attention for use in long-duration energy storage. These resources, if developed, could expand Australia’s role in global clean energy supply chains.

“This is about more than one acquisition. It is about laying the groundwork for an ecosystem that can deliver lasting value,” said one analyst. “Investors are rewarding companies that pursue integrated regional strategies rather than stand-alone ventures.”

The financing also signals shifting sentiment. In recent years, many Australian projects relied on government support through loans or grants. The latest placement suggests equity markets are again prepared to back long-term development, though risks remain. Multi-project hubs are capital-intensive, vulnerable to delays, and face competition from rival initiatives in North America, Europe, and Asia.

Tivan’s plans remain contingent on approvals and future funding, but the raise gives the company momentum. If realised, its Northern Territory precinct could offer a model for how Australia seeks to expand its role in the global energy transition by linking resource extraction with downstream industries.