CYCLONE METALS ORD
Cyclone Metals and Vale join forces to develop Iron Bear ore project in Canada
Cyclone Metals (ASX: CLE) has signed a binding commercial agreement with Brazilian mining powerhouse Vale SA for the joint development of Cyclone’s Iron Bear iron ore project in Canada. The deal follows the non-binding memorandum of understanding the companies signed in November to collaborate on the project. Iron Bear has a mineral resource of 16.6 […]
Cyclone Metals and Vale partner to develop Iron Bear iron ore project in Canada
Cyclone Metals (ASX: CLE) has signed a memorandum of understanding (MoU) with Vale, one of the world’s largest producers of iron ore and iron ore pellets, to collaborate on developing its Iron Bear iron ore project in Canada. The strategic partnership will advance the Iron Bear project to decision to mine (DTM) status and outlines […]
Cyclone Metals acquires world’s largest undeveloped magnetite iron ore deposit
Diversified minerals company Cyclone Metals (ASX: CLE) has completed the acquisition of Labrador Iron Pty Ltd which owns the Block 103 magnetite iron ore project in Canada. The project covers 72.75 square kilometres of acreage in the heart of the Labrador Trough, located 30km from Quebec. The trough is one of the largest iron ore […]