29 January 2025
29 January 2025
Iron ore production rose by 2% to nearly 328mt in 2024.
The investment will support Foran's $263m (C$379.55m) project to integrate clean and innovative technologies at the mine.
Investments are expected to boost economic growth to 5.8% in 2025, up from 5.1% in 2024.
The acquisition will be conducted through an off-market takeover offer, with a base offer price of $1.05 per Red Hawk share.
The new processing facility in Lulea, northern Sweden, is expected to be operational by 2026.
The sale is expected to close in H1 2025, subject to certain conditions being met.
A battery-quality purity of 99.71% was achieved using the same conditions and equipment planned for the full-scale lithium brine demonstration facility.
The work programme is scheduled to begin in early February 2025.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.
