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The latest announcement is out from Tsodilo Resources ( (TSE:TSD) ).
Tsodilo Resources Limited has announced the continuation of its collaboration with the Botswana International University of Science and Technology on a project aimed at utilizing Botswana’s natural resources for pig iron production. This initiative is part of a broader effort to transform local resources into high-value finished products, potentially boosting Botswana’s export economy and reducing its import bill. The project aligns with global trends in the steel industry towards decarbonization, offering significant opportunities for high-grade magnetite projects like Tsodilo’s Xaudum Iron Project, which is expected to produce premium high-grade magnetite ideal for reducing greenhouse gas emissions in steel production.
More about Tsodilo Resources
Tsodilo Resources Limited is a company engaged in the exploration and development of mineral resources, with a focus on high-grade magnetite iron ore. The company operates the Xaudum Iron Project in Botswana, aiming to produce premium quality iron ore products for the global steel industry.
Average Trading Volume: 20,816
Technical Sentiment Signal: Hold
Current Market Cap: C$8.87M
See more insights into TSD stock on TipRanks’ Stock Analysis page.