RCS - Ironveld PLC - Post-Blast Imagery and DMS Plant Visuals Released

IronveldAnnouncement

06/06/2025 12:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250606:nRSF8498La&default-theme=true

RNS Number : 8498L  Ironveld PLC  06 June 2025

6 June 2025

Ironveld PLC

Post-Blast Imagery and DMS Plant Visuals Released

Ironveld PLC ("Ironveld" or the "Company"), the mining development company
focused on producing high-value strategic metals, is pleased to announce that,
further to this morning's announcement regarding the successful first blast at
the planned opencast pit at Altona by Lapon Mining, the Company has released
the following images.

The photographs include pre- and post-blast visuals from the Altona site,
clearly showing the establishment of the exposed ore zones. Additional images
show the  Joint Venture processing plant, which will produce Dense Media
Separation (DMS) grade magnetite, located approximately two kilometres from
the Lapon mining site.

These visuals provide shareholders with insight into the ongoing operational
progress and infrastructure readiness as Ironveld advances towards
steady-state ore production and processing.

Please see the images below.

 

Figure 1 and 2: Images of the opencast pit at Altona, while connecting the
ignition system before the blast occurred

 

Figure 3 and 4: Images, from a distance, of the blast that occurred at the
opencast pit

 Figure 5: The opencast pit following the blast, showing unweathered
magnetite ore

 

Figure 6: Kris Andersson, CEO, and Dr. Peter Cox, Technical Director at the
Altona site, following the successful blast operation.

Figure 7, 8 and 9: Images of the JV processing plant, which will produce DMS
grade magnetite, located approximately two kilometres from the Altona mining
site

 

 

For further information, please contact:

 

 Ironveld plc                                            c/o BlytheRay

 Kristoffer Andersson, Chief Executive Officer           +44 20 7138 3204

 Cavendish Capital Markets Limited (Nomad and Broker)    +44 20 7220 0500

 Derrick Lee / Adam Rae
 Turner Pope Investments (TPI) Ltd (Joint Broker)        +44 20 3657 0050

 Andrew Thacker / James Pope
 BlytheRay                                               +44 20 7138 3204

 Tim Blythe / Megan Ray

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAUNOARVNUNRAR