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Cyclone Metals, Vale to Develop Iron Bear Project in US$138 Million Deal

Summary by futuremoneyfate.com

Cyclone Metals (ASX:CLE) has signed a binding commercial agreementwith global iron ore leader Vale (NYSE:VALE) through which the parties will jointly develop the Iron Bear asset in Québec, Canada. The partnership aims to leverage Vale’s extensive resources and expertise to advance Cyclone’s Iron Bear project. Cyclone and Vale first announced a memorandum of understanding for Iron Bear in November 2024. It outlined key terms for the partnership, …

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Mugglehead Magazine

Cyclone Metals inks $138M deal with Vale for iron ore project in Newfoundland

Cyclone Metals inks $138M deal with Vale for iron ore project in Newfoundland, which is the latest deal in the polymetallic rich province

3 days ago

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futuremoneyfate.com

Cyclone Metals, Vale to Develop Iron Bear Project in US$138 Million Deal

Cyclone Metals (ASX:CLE) has signed a binding commercial agreement with global iron ore leader Vale (NYSE:VALE) through which the parties will jointly develop the Iron Bear asset in Québec, Canada.The partnership aims to leverage Vale's extensive resources and expertise to advance Cyclone's Iron Bear project.Cyclone and Vale first announced a memorandum of understanding for Iron Bear in November 2024. It outlined key terms for the partnership, b…

3 days ago

Read Full Article

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