Cadence Minerals has provided an update on the ongoing pre-feasibility study (PFS) at its flagship Amapa Iron Ore Project, Brazil.
Amapa is a substantial integrated mine, beneficiation plant, railway and port in the northeast of Brazil. It was previously owned by Anglo American (70%) and Cliffs (30%) and at its peak, produced up to 6.1 million tpy of iron ore concentrate.
Cadence Minerals plc (LON:KDNC) provides mining services. The Company focuses on finding lithium and other technology minerals in new places, as well as offers extracting services.