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Zanaga Iron Ore ( (GB:ZIOC) ) has shared an announcement.
Zanaga Iron Ore Company has completed its 2024 Feasibility Study, confirming the robust economics of its Zanaga Project, with significant improvements in product quality and strategic initiatives aimed at enhancing the project’s value. The company has also undergone a transformative period, securing new investors and eliminating debt, positioning itself strategically in the iron ore market with a focus on high-grade products amid a strong demand outlook.
More about Zanaga Iron Ore
Zanaga Iron Ore Company Limited is an iron ore exploration and development company, primarily focused on its flagship Zanaga Iron Ore Project in the Republic of Congo. The company aims to become one of the largest producers of high-grade premium DRI pellet feed iron ore, aligning with the global demand for efficient low carbon emission steel production.
Average Trading Volume: 495,016
Technical Sentiment Signal: Buy
Current Market Cap: £67.51M
For detailed information about ZIOC stock, go to TipRanks’ Stock Analysis page.