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Athena Resources Limited ( (AU:AHN) ) has issued an announcement.
Athena Resources Limited has initiated a Direct Reduced Iron (DRI) testing program on its high-grade magnetite concentrate from the Byro Magnetite Project. This program aims to evaluate the potential for using hydrogen-based DRI technology, which offers a low-emission pathway for steel production. The testing will assess the concentrate’s suitability for green steel applications and its performance in various premium market segments, including advanced manufacturing and energy storage. The initiative positions Athena to capitalize on the growing demand for specialty iron products, leveraging its resource quality and strategic location in Western Australia.
More about Athena Resources Limited
Athena Resources Limited is a company operating in the mining industry, primarily focusing on the extraction and processing of high-grade magnetite concentrate. The company is engaged in the development of its flagship Byro Magnetite Project in Western Australia, with a market focus on premium applications for its high-quality iron ore products.
Current Market Cap: A$13.6M
See more insights into AHN stock on TipRanks’ Stock Analysis page.