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#KDNC @CadenceMinerals – Interims for 6 months ended 30 June 2024
Amapá Project highlights during & post-period end:
✅ The completion of optimisation studies resulting in a 20% increase of Post-tax Net Present Value (“NPV”) to US$1.14 billion, with profit after tax of US$3.14…
The iron ore industry is changing due to the expansion of carbon-neutral steelmaking feedstocks. Pricing is expected to put a premium on specialised ores. The steel industry's move to DRI-EAF is estimated to require an additional 348(Mtpa) of high-purity iron by 2035.
.@Zeus_Capital has published a new research note on @CadenceMinerals #KDNC
Cadence Minerals (KDNC LN) - Licensing update for the Amapá iron ore project, Brazil
"Cadence today provides an update on its licencing and project ..."
https://bit.ly/3s0l9yv
