Offtake & Partners
Fully funded. Now scaling supply to long-term buyers.
Vel Mining is closed on project capital and shipping concentrate today. We're opening conversations with ferrochrome smelters, traders, and strategic offtake partners across Asia, the EU, and Africa.
Why Partner With Vel
A producer, not a project deck.
Fully Funded, Building
Project capital is closed. Phase 1 wash plant is commissioned and revenue-generating — no funding round, no permit-stage risk.
Logistics-Backed Supply
Side-tipper fleet, City Deep inland warehouse, and Durban port warehouse give us control of ~90% of the supply chain from ore to vessel.
Offtake-Led Growth
Phase 2 ramp to 100 tph is timed to anchor multi-year offtake agreements with ferrochrome smelters and Asian traders.
Capacity Roadmap
From 60 tph to 100 tph in one quarter.
- 01Phase 1 — Now
Wash Plant Commissioned
50–60 tph beneficiation operating; 40–42% Cr₂O₃ concentrate dispatched.
- 02Phase 2 — Next Quarter
Throughput to 100 tph
Plant scale-up plus mine-side ramp at Mooinoi to feed the increased rate.
- 03Phase 3 — 12 Months
Offtake Anchoring
Multi-year offtake agreements with Asian smelters; City Deep + Durban warehousing closes the chain ore-to-vessel.
Request a product spec & offtake pack.
Concentrate specification, lab assays, dispatch cadence, and FOB / CIF terms available to qualified buyers and traders.