Ironveld share price skyrockets 93% following IIG partnership announcement

Exploration and development company Ironveld’s share price on the LSE skyrocketed by over 93% following its announcement on March 30 that it would be entering a new strategic partnership with Inclusive Investment Group (IIG) to raise about £2.7-million. The partnership marks a significant milestone that would allow Ironveld to begin Phase 1 of bringing its high-purity iron, vanadium and titanium project, located on the Northern Limb of the Bushveld Complex in South Africa, into development, CEO Martin Eales said in a statement.