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How Tempest Minerals’ Remorse Deal Could Transform WA’s Green Steel Industry

8:27am on Wednesday 10th of December, 2025 AEDT Mining
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How Tempest Minerals’ Remorse Deal Could Transform WA’s Green Steel Industry

8:27am on Wednesday 10th of December, 2025 AEDT
Key Points
  • Binding option agreement signed between Tempest Minerals and Green Steel and Iron
  • GISA granted option to acquire Remorse Magnetite Project for 50% equity consideration
  • Development of green steel production facility planned in Yalgoo region
  • Conditions include mining lease approval, site acquisition, and pre-IPO fundraising
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