High Tide Resources Corp C.HTRC

Metals & Mining Industrial Metals & Minerals

High Tide Resources Corp. is a Canada-based company, which is focused on the development of advanced-stage iron ore and battery metal projects in Canada. The Company's projects include Labrador West Iron, Clearcut Lithium, Lac Pegma copper-nickel-cobalt Project and Big Bang Lithium property. Its flagship Labrador West Iron Project is located in the southern Labrador Trough, set amongst four operating iron mines, including Rio Tinto & Mitsubishi’s Carol Lake Mine, Champion Iron’s Bloom Lake Mine, ArcelorMittal’s Mont-Wright Mine and Tacora Resources’ Scully Mine. The Clearcut Lithium project is located in the emerging Cadillac-Pontiac lithium camp in the Abitibi Temiscamingue region southwest of Val d’Or, Quebec. The Company also owns a 100% interest in the Lac Pegma copper-nickel-cobalt deposit located 50 kilometers southeast of Fermont, Quebec. The 6,267-hectare Big Bang Lithium property consists of 17 mineral claims within the Thunder Bay Mining Division.

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High Tide Resources Corp

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Post by goldennorthon Mar 26, 2024 8:11pm

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Post# 35954325

Growth In China Will Edge Iron Ore Demand

Iron ore price edges higher on hopes of China’s demand recovery

“There is expectation of rising ore demand amid improved steel margins. It’s key to closely monitor how downstream steel demand actually recovers in coming weeks as well as how steel prices move,” analysts at Sinosteel Futures said in a note."

"Growth in China (the world's largest consumer of metals) has affected the price of iron ore so much recently that the spot price can almost be considered a proxy for China's economic health."

https://www.mining.com/web/iron-ore-price-edges-higher-on-hopes-of-chinas-demand-recovery/