Cyclone Metals’ Iron Bear Project poised to lead green steel revolution
–News Direct–
Cyclone Metals Ltd (ASX:CLE) CEO Paul Berend is back with Proactive after the company cut the ribbon on results from the first phase of metallurgical test-work at its Iron Bear Project in Canada. The team is celebrating after the program generated high-quality, high-yield iron ore concentrates a crucial step in Cyclone's efforts to advance sustainable steel manufacturing through its flagship magnetite project. The pilot plant at Corem in Quebec City processed roughly half a tonne of source sediment, initially containing 29.1% total iron (Fe). Positively, Berend says the test results surpassed previous efforts, producing a direct reduction (DR) concentrate with a 71.3% Fe grade and 1.1% silicon dioxide (SiO2). This high-grade DR concentrate is pivotal for steel produc...