Across 10 different energy sources, Steel is the only that is required for ALL of them!
DOUBLE DEMAND FOR HIGH QUALITY IRON ORE
The need for Iron Ore demand.
The need for Iron ore producers to convert from BF (Blast Furnace) to EAF (Electric Arc Furnace) processing.
Add graph of producers beside
GREENING OF THE INDUSTRY IS AT HAND
The demand for high quality iron ore from the biggest iron ore producers is on pace with the expected increased demand for Lithium!
Canada - labrador trough leading the world
Canada is #2 in the world – behind Russia – for high quality Iron Ore production making it the worldwide leader.
HIGH QUALITY IRON ORE
Not all Iron Ore is high quality as demonstrated by Australia in leading the world in low quality iron ore grade. Canada sits at the top with 4 other countries – Brazil, Canada, Ukraine and Russia.
At the bottom of this chart is our neighbour in the Labrador trough – Champion Iron and their Bloom Lake Project.
Heading
IRON ORE UNDERINVESTED
The development capital has been cut from the iron ore companies leading to a reduction in development.
Introducing
Labrador WestIron Ore Project
Newsletter Sign up
Stay up to date with all of our news and insights.