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24 Jun
22:16

Cobre revenue will improve 2024 results: Strategic Minerals

Strategic Minerals expects the return of a large iron ore customer to improve its financial results beginning this year after the UK-based company swung to a loss in 2023, Kallanish discovers from its annual report. The largest client of Strategic Minerals' Cobre mine in New Mexico purchased magnetite in December 2023, and the two parties agreed on price and committed sales volume of 30,000t of ore to be delivered over 2024 (see Kallanish 22 January). &…
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