Iron Road Ltd (AU:IRD) has released an update.
Iron Road Ltd has partnered with Amp Energy to advance the Cape Hardy Advanced Fuels project, involving land transactions and milestone payments that could generate significant royalties. The deal includes a non-refundable land deposit and potential payments to Iron Road of up to $426 million over the project’s lifecycle. Additionally, Iron Road continues to explore strategic partnerships for their Central Eyre Iron Project and participates in South Australia’s Green Iron Opportunity.
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