Cadence Minerals Optimistic Despite Market Challenges

Cadence Minerals (GB:KDNC) has released an update.

Cadence Minerals reports positive advancements in its Amapá Iron Ore Project, with a 20% increase in NPV and a 6% decrease in cash costs, despite a decline in the lithium market. The company is focusing on securing financing for the project’s next development phase through potential joint ventures or trade sales. Key achievements include the submission of environmental studies and the completion of a design for a high-grade iron ore concentrate, positioning Cadence for future growth.

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