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ChemPriceHub Important Notice: Significant Increase in Resource Volume at Spiva Fluorite Mine
Published on 2026-02-09

According to Miningnews.net, Tivan's Speewah project in the Kimberley region of Western Australia has been confirmed as one of the largest and highest-grade fluorite deposits globally. The recent resource update has increased the ore tonnage by 16% to 43.2 million tonnes, with an average grade of 8.3%, containing 3.6 million tonnes of fluorite. Within this, the high-grade ore portion amounts to 9.6 million tonnes at a grade of 20.6%, equivalent to 2 million tonnes of fluorite. The "Indicated" resource category has significantly increased to 27.7 million tonnes at a grade of 9.2%, containing 2.5 million tonnes of fluorite, which is suitable for mine planning. PriceSeek's analysis of fluorite shows a bearish score of -1.5. The article reports that Tivan's Speewah project fluorite resources have increased to 43.2 million tonnes at a grade of 8.3%, with a high-grade portion of 9.6 million tonnes at 20.6%, significantly enhancing supply potential. This may lead to expectations of increased future market supply, exerting downward pressure on spot prices for fluorite, which are anticipated to weaken under pressure.

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