RE:The news you’ve all been waiting for? VEPT process was designed and refined for the Lac Dore deposit, ~30% magnetite and 1.2% V2O5 concentrate.
SRI Mustavaara is 13.8% magnetite and 0.91% vanadium concentrate.
Why would anyone expect good results from a inferior deposit?
Try processing some Bushveld ore and see what VEPT can do.