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Cadence Minerals ( (GB:KDNC) ) has provided an announcement.
Cadence Minerals Plc, in collaboration with its joint venture partner DEV, is hosting a technical visit to the Amapá Iron Ore Project by the President of the Economic Development Agency of Amapá, Brazil. This visit aims to outline the development pathway for the 5.5 Mtpa integrated DR-grade iron ore operation, including necessary upgrades to rail and port infrastructure. Additionally, Cadence has advanced technical workstreams for the environmental licensing of the Azteca plant, marking the first stage of the Amapá redevelopment strategy. This facility is expected to enable early production and generate cash flow to fund further studies and capital projects, signaling a significant step in the project’s progression.
More about Cadence Minerals
Cadence Minerals Plc operates in the mining industry, focusing on the development and investment in mineral resources. The company is involved in projects that aim to produce iron ore and other minerals, with a particular emphasis on the Amapá Iron Ore Project in Brazil.
Average Trading Volume: 5,530,941
Technical Sentiment Signal: Buy
Current Market Cap: £14.73M
See more insights into KDNC stock on TipRanks’ Stock Analysis page.