Iron Road Ltd (AU:IRD) has released an update.
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Iron Road Ltd has partnered with Amp Energy to advance the Cape Hardy Advanced Fuels project, involving land transactions and milestone payments that could generate significant royalties. The deal includes a non-refundable land deposit and potential payments to Iron Road of up to $426 million over the project’s lifecycle. Additionally, Iron Road continues to explore strategic partnerships for their Central Eyre Iron Project and participates in South Australia’s Green Iron Opportunity.
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