Tiny Tempest eyes $3B green steel solution
Tiny explorer Tempest Minerals’ unexpected Remorse magnetite discovery at Yalgoo in Western Australia’s Mid West region has taken a small step towards avoiding becoming yet another stranded iron ore resource in the state. The company has signed a memorandum of understanding with a WA-based group looking to build a A$3 billion direct reduction iron plant […]
New MoU to bolster green steelmaking
Tempest Minerals has signed a memorandum of understanding (MoU) with GreenSteel of WA, a company focused on creating a sustainable steel manufacturing industry for Western Australia. The MoU establishes a framework for Tempest and GreenSteel to explore potential development opportunities for the former’s Remorse magnetite deposit within the Yalgoo project in WA. The collaboration aims […]
Tempest Minerals Partners with GreenSteel to Develop Remorse Magnetite Deposit
Highlights Tempest Minerals has entered into a Memorandum of Understanding (MOU) with GreenSteel, a major player in green iron steel technologies. The collaboration aims to explore development opportunities for the Remorse magnetite deposit in Western Australia and produce high-grade magnetite concentrate for use in eco-friendly steelmaking processes. Additional drilling and metallurgical test-work are planned at […]
Tempest strikes deal to develop Remorse
Tempest Minerals (ASX:TEM) has entered into a memorandum of understanding with privately held Green Steel and Iron to develop the Remorse magnetite deposit in Western Australia. Both companies will explore the potential development opportunities for Remorse, primarily focusing on producing magnetite concentrate for use in green steelmaking processes. The MoU includes maximising potential for Tempest […]
Tempest Signs Green Steel MOU to Accelerate Magnetite Development at Yalgoo
Tempest Minerals (ASX:TEM) has entered into a Memorandum of Understanding (MOU) with Western Australian clean-tech developer Green Steel and Iron Pty Ltd, marking a major step forward in advancing the company’s high-grade Remorse Magnetite Deposit at the Yalgoo Project. Key Agreement Highlights: Green Steel and Iron is developing a $3 billion hot briquetted iron (HBI) […]