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Strategic Resources Advances BlackRock Project with Major Projects Office Application

Story Highlights
  • Strategic Resources filed a request with Canada’s Major Projects Office for the BlackRock Project.
  • The BlackRock Project aims to secure supply chains and support clean steel production.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Strategic Resources Advances BlackRock Project with Major Projects Office Application

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An update from Strategic Resources ( (TSE:SR) ) is now available.

Strategic Resources Inc. has filed a project intake request with Canada’s Major Projects Office for its BlackRock Project, a significant vanadium mine and metallurgical plant. The BlackRock Project, located at Port Saguenay, is crucial for securing the supply chain for vanadium, titanium, and high-purity iron, and is supported by agreements with First Nations. The project includes plans for a high-purity iron pellet plant to supply steel manufacturers in Canada, the US, and Europe, aligning with the shift towards cleaner steel production methods.

More about Strategic Resources

Strategic Resources Inc. is a critical mineral development company focused on supplying green steel inputs. It operates in Canada and Finland, with projects in high-purity iron, vanadium, and titanium. The company’s flagship project, BlackRock, is a fully permitted mine, concentrator, and metallurgical facility located in Québec, Canada.

Average Trading Volume: 13,796

Technical Sentiment Signal: Sell

Current Market Cap: C$14.95M

For an in-depth examination of SR stock, go to TipRanks’ Overview page.

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