Ironveld Plc is an exploration and development company. The principal activity of the Company includes the development of a Vanadiferous and Titaniferous Magnetite ore deposit in South Africa. The Company owns the high purity iron (HPI), Vanadium and Titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province, South Africa. The Bushveld is a metallogenic province covering approximately 66,000 square kilometers (km2) in the north of South Africa. It hosts many mineral deposits, including platinum group metals, vanadium, chrome, palladium and rhodium. It has an operating mining division, which mines vanadiferous-titaniferous-magnetite for sale to industrial users and to its own smelting division, which processes the Company’s magnetite ore into three products: high purity iron, vanadium slag and titanium slag. The Company holds two mining rights through its subsidiary companies, HW Iron (Pty) Ltd and Lapon Mining (Pty) Ltd.