Cadence today provides an update on test work to produce a 67.5% Direct reduction (DR)-grade iron concentrate with low silica and alumina levels (<1.5%) from its Amapá iron ore brownfield restart in Brazil. The demand for DR-grade products is essential for the production of “low-carbon” steel. The demand for DR feed is anticipated to increase by more than five-fold by 2050, reflecting the steel industry’s commitment to decarbonisation. DR products already attract substantial price premiums, and ....

26 Nov 2024
Cadence Minerals (KDNC LN) - Confirmation of the production of >67% high-purity, direct reduction iron concentrates from Amapá

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Cadence Minerals (KDNC LN) - Confirmation of the production of >67% high-purity, direct reduction iron concentrates from Amapá
Cadence Minerals PLC (KDNC:LON) | 1.5 0 6.7% | Mkt Cap: 4.44m
- Published:
26 Nov 2024 -
Author:
Paul Smith | David Seers -
Pages:
6 -
Cadence today provides an update on test work to produce a 67.5% Direct reduction (DR)-grade iron concentrate with low silica and alumina levels (<1.5%) from its Amapá iron ore brownfield restart in Brazil. The demand for DR-grade products is essential for the production of “low-carbon” steel. The demand for DR feed is anticipated to increase by more than five-fold by 2050, reflecting the steel industry’s commitment to decarbonisation. DR products already attract substantial price premiums, and ....