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April 10, 2024
Description
The suspension of trading in the securities of Cyclone Metals Limited (‘CLE’) will be lifted immediately following the release by CLE of an announcement regarding an updated mineral resource statement.
Issued by
ASX Compliance
Click here for the full ASX Release
This article includes content from Cyclone Metals Ltd., licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
CLE:AU
11 April 2024
Cyclone Metals
Focused on Developing a World-class Iron Ore Asset in Canada, project Iron Bear
06 October
China Orders Ban of BHP Iron Ore Imports
Commodities giant BHP (ASX:BHP,NYSE:BHP,LSE:BHP) opened October with news that state-run iron ore buyer China Mineral Resources Group (CMRG) has placed a purchase halt on its products.According to several local media outlets, the move which has raised concern in Australia, stems from pricing... Keep Reading...
17 September
Australian Government Launches AU$500 Million Green Iron Investment Fund
The Australian government is supercharging the country’s green iron industry with the National Development Stream of the Green Iron Investment Fund.In a September 13 statement, Tim Ayres, minister for industry and innovation and minister for science, said that green iron “is a major opportunity... Keep Reading...
18 August
Top 10 Iron Ore-producing Countries
Iron ore prices have displayed volatility in the past half decade as the world has dealt with the economic uncertainty surrounding COVID-19 lockdowns, the Russia-Ukraine war, ongoing conflicts in the Middle East and rising trade tensions.Prices for the base metal reached a record high of over... Keep Reading...
24 June
Rio Tinto and Hancock Pledge US$1.6 Billion to Advance Hope Downs 2 Iron Ore Project
Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and privately owned Hancock Prospecting said on Tuesday (June 24) that they will invest US$1.6 billion to develop the Hope Downs 2 iron ore project in Pilbara, Western Australia. According to Rio Tinto, Hope Downs 2 has received all necessary approvals and is... Keep Reading...
02 June
Leadership Shakeup: Rio Tinto's Stausholm to Step Down Amid Broader Industry Turnover
Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) announced on May 22 that Chief Executive Jakob Stausholm will step down later this year following a formal succession plan arranged by the company. While the mining giant has not provided a reason for the leadership transition, a Reuters report suggests the... Keep Reading...
11 April
Rio Tinto Spends Record AU$10.3 Billion with Western Australian Suppliers in 2024
Major miner Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) reported total spending of AU$10.3 billion with Western Australian suppliers in 2024, marking a new record for the company. The commodities giant boosted its spending with suppliers in the state by AU$1.5 billion for the year in a bid to support... Keep Reading...
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