Cadence Minerals Plc (LSE:KDNC) said it has hosted a technical site visit to the Amapá iron ore project alongside its joint venture partner DEV, welcoming the President of the Economic Development Agency of Amapá, Brazil. The visit focused on outlining the proposed development route for the planned 5.5 million tonnes per annum integrated DR-grade iron ore operation, including required upgrades to rail and port infrastructure.
The company also reported progress across key technical workstreams supporting the environmental licensing of the Azteca processing plant, which represents the first phase of the wider Amapá redevelopment strategy. Cadence said the facility is expected to allow for early-stage production and cash generation, helping to fund subsequent studies and capital investments as the project advances.
More about Cadence Minerals Plc
Cadence Minerals Plc is a mining investment and development company with a focus on advancing mineral resource projects. Its portfolio includes iron ore developments, with the Amapá iron ore project in Brazil forming a central part of its growth strategy.
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