Strategic Resources (TSE:SR) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Strategic Resources has inked a deal with Javelin Global Commodities to supply and sell four million tonnes of high-purity iron ore pellets annually, backed by a $150 million working capital facility. This agreement marks a major step forward for Strategic’s BlackRock Project in Quebec, positioning the company to start construction of its High Purity Iron Pellet Plant in 2025.
For further insights into TSE:SR stock, check out TipRanks’ Stock Analysis page.