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Iron Bear Advances Canadian Iron Ore Project with Vale JV and $9.8 Billion NPV
9:10am on Wednesday 17th of June, 2026 AEST
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Mining
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Iron Bear Advances Canadian Iron Ore Project with Vale JV and $9.8 Billion NPV
9:10am on Wednesday 17th of June, 2026 AEST
Key Points
13.6 billion tonnes JORC-compliant iron ore resource
Vale JV funding up to USD 138 million for 75% stake
Scoping study delivers USD 9.8 billion NPV and 18.6% IRR
Targeting premium direct reduction pellet market growth
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Iron Bear Resources (ASX:IBR)
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