Akora Resources (ASX: AKO) on target with cleaner iron ore for greener steel strategy (w/ Paul Bibby)

Small Caps

Akora Resources (ASX: AKO) managing director Paul Bibby joins Small Caps to discuss the company’s significant progress at its iron ore operations in Madagascar.

The company is developing the high-grade Bekisopa iron ore mine to serve the steel industry’s accelerating decarbonisation.

Akora has developed a two-stage process for bringing Bekisopa iron to market, with stage 1 set to produce 62% plus iron direct shipping ore (DSO) and stage 2 producing premium-priced +68% iron concentrate.

The company has already identified high-grade direct ship iron ore at surface over an expansive area at Bekisopa and continues to add to that with exploration success.

The company is also investigating the Satrokala iron ore project in Madagascar which offers considerable upside.

Recent activities have identified a continuous 10km long magnetic strike feature at Satrokala.

Article:
https://smallcaps.com.au/akora-resources-magnetic-anomaly-satrokala-iron-ore-project/

For more information on Akora Resources:
https://smallcaps.com.au/stocks/asx-ako/

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