Iron Road Ltd (AU:IRD) has released an update.
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Iron Road Ltd has advanced its Cape Hardy green hydrogen project by extending a strategic agreement with Amp Energy and securing key land sales for the project’s infrastructure. Despite a slight downturn in the iron ore market due to China’s property sector, Iron Road’s Central Eyre Iron Project (CEIP) is set to capitalize on the growing green energy transition with its high-grade iron resources. The company maintains a strong financial position, with notable cash reserves and a strategic loan to support ongoing developments.
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