Arrow Minerals Limited (AU:AMD) has released an update.
Arrow Minerals Limited is advancing its dual strategy to establish iron ore and bauxite operations by acquiring the Niagara Bauxite Project in Guinea, a major global exporter of high-grade bauxite. With successful funding of $5 million, Arrow progresses its Simandou North Iron Project with promising metallurgical test results and a strategic MoU with Baosteel Resources, enhancing access to iron ore markets. The company’s efforts are strategically aligned with the nearby Simandou railway, facilitating efficient logistics and enhancing shareholder value.
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