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The share price of AIM-listed miner Ironveld (LON:IRON) soared 39.13% to 2.47p (as of 14:30 GMT) after it said it had delivered sufficient ore from its South African iron, vanadium, and titanium project to undertake a full kiln smelting test. The company expects to receive results from its potential off-take partner within the next three weeks.
CEO Peter Cox said that: “Our sampling programme is progressing to plan and we are confident of reaching a long term off-take agreement with our potential off-take partner, which would generate significant revenue for Ironveld. I look forward to updating the market further in due course“.