Advos

Royalty Management Expands Critical Mineral Exploration in Jamaica

April 25th, 2025 1:00 PM
By: Advos Staff Reporter

Royalty Management Holding Corporation is investing additional capital to develop a Jamaican mineral deposit with potential for rare earth elements and critical minerals, focusing on vanadium, titanium, magnetite, and iron ore extraction.

Royalty Management Expands Critical Mineral Exploration in Jamaica

Royalty Management Holding Corporation is advancing its mineral exploration project in Jamaica, investing additional funds to complete an operating permit and conduct comprehensive mineral analysis of a 25-square-kilometer deposit.

The company's strategic investment targets a mineral resource containing approximately 212 million tons of raw sand and ore. With a 10% royalty agreement, Royalty Management is pursuing multiple valuable mineral streams, including titanium dioxide, vanadium ore, and iron ore.

Chief Executive Officer Tom Sauve highlighted the project's potential, noting the growing global demand for critical and rare earth elements. The company aims to identify additional commercially viable minerals beyond the initially targeted resources.

The deposit's initial focus includes minerals with diverse industrial applications. Titanium dioxide serves industries ranging from aerospace to medical manufacturing, while vanadium ore is crucial for steel production and battery technology. Iron ore represents another significant revenue stream with broad industrial utility.

By conducting extensive sampling and analysis, Royalty Management seeks to maximize the economic potential of this Jamaican mineral resource. The company's approach emphasizes comprehensive exploration and value creation through strategic mineral development.

Source Statement

This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,

blockchain registration record for the source press release.
Back To Top