Stockbox caught up with Cadence CEO Kiran Morzaria from onsite the Amapa Iron Ore project. Kiran highlighted three major achievements at the Amapá Iron Project during the year. These achievements include:
- Publishing a new measured resource of 300 million tons at 38% Iron Ore (Fe)
- Completing a robust pre-feasibility study with a value of $949 million.
- Obtaining the necessary licensing and financing agreements, including an MOU (Memorandum of Understanding), to progress the project.
- Kiran also touched on the Sonora Project, where Cadence Minerals is actively engaging with the Mexican government regarding its lithium licenses.