Tivan Limited

Tivan Limited

0.10
EUR
+0.00
(-4.85%)
0.00EPS
109.59MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
-0.01
-0.01
-0.01
-0.01
- -
- -
- -
- -
- -
-0.01
-0.04
- -
Free Cash Flow per Basic Share
- -
- -
-0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.06
0.04
0.04
0.04
0.03
0.03
0.05
0.05
0.05
0.05
0.05
0.01
0.02
Tangible Book Value per Share
0.06
0.04
0.04
0.04
0.03
0.03
0.05
0.05
0.05
0.05
0.05
0.01
0.02
Basic Weighted Avg Shares
431
530
618
727
795
829
951
1,139
1,194
1,335
1,357
1,592
1,885
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
1
-4
-5
-7
-4
-3
-3
-3
-3
-5
-7
-68
-5
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
4
4
5
6
7
6
19
7
10
13
-7
-13
3
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
27
23
29
31
28
29
50
53
63
71
72
14
39
Return on Invested Capital (%)
-19.9
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
2.81
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
2.81
-14.78
-19.32
-23.85
-15
-11.55
-7.75
-5.58
-4.99
-7.3
-9.92
-158.21
-18.65

Capital Structure

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

AUD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.13%
26.47%
180.43%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
84.45%
175.79%
-92.77%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Earnings Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.01
2024
- -
- -
-0.04
2025
- -
- -
- -

Semi-annual Dividends Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Robert Gerrard
Full Time Employees
3
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
6/90 Ross Smith Avenue Darwin NT Australia 0820
IPO Date
Feb 18, 1971
Business
Tivan Limited (ASX:TVN) is an Australia-based critical minerals company engaged in the exploration, evaluation, development, and processing of mineral resources focused on vanadium, fluorite, tungsten, molybdenum, titanium, iron, and copper-gold. Founded in 1970 and headquartered in Darwin, Northern Territory, the company advances a diversified portfolio of projects across northern Australia, including the Kimberley region of Western Australia, the Northern Territory, and Timor-Leste; its core assets encompass the 100%-owned Speewah Fluorite and Vanadium projects in Western Australia, which target high-grade fluorite and vanadiferous titanomagnetite ore; the Sandover Project and adjacent 100%-owned Molyhil Tungsten-Molybdenum project in the Northern Territory, featuring Australia's highest-grade fluorite prospect identified through artificial intelligence exploration and ultra-high-grade fluorite discoveries; the Turiscai Copper-Gold project in Timor-Leste; and proprietary TIVAN+ hydrometallurgical processing technology, developed with CSIRO, for extracting commercial-grade vanadium, titanium, and iron from VTM ores while producing premium vanadium electrolyte for redox flow batteries. Tivan holds exclusive global rights (excluding India) to TIVAN+ under a long-term license and research agreement with CSIRO, positioning it to commercialize VTM resources worldwide and support energy transition supply chains in Asia. In recent developments, Tivan formed a joint venture with Sumitomo Corporation and Japan Organisation for Metals and Energy Security (JOGMEC) for the Speewah Fluorite Project in July 2025, following a non-binding memorandum in December 2024; acquired the Sandover Fluorite Project in November 2024 via a binding term sheet; purchased the Molyhil Tungsten-Molybdenum Project in September 2025, supported by an $8.3 million cornerstone investment from ETFS Capital as a major shareholder; secured $2 million in grant funding from the second tranche of the Australian Government's International Partnerships in Critical Minerals program in August 2025 for Speewah exploration; and expanded holdings in Timor-Leste while progressing feasibility studies toward final investment decisions across its pipeline. The company, formerly TNG Limited until its name change in January 2023, maintains strategic alliances such as with Earth AI for AI-driven exploration and pursues project financing from entities including the Northern Australia Infrastructure Facility and Export Finance Australia.