News
18 February 2025

Cyclone pens JV deal with Vale to develop Iron Bear Project

In:
Metals and Mining
Region:
Americas

Cyclone Metals has signed a $138 million joint venture agreement with Vale to develop the Iron Bear Project in Canada.Under the agreement, Vale may contribute up to $138 million (A$217.2 million) in funding for the Iron Bear Project in two phases to earn a 75% stake. If Vale elects to proceed to a...

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