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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.


CSE:HTRC - Post by User

High Tide Resources Corp
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Post by goldennorthon May 02, 2024 4:09pm
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Post# 36020264

Iron Ore Is Tight

Iron Ore Is TightIron Ore Is Tight and Will Pass $100 Test in 2024, HSBC Says.

“We expect steel demand growth to be muted in the next five years, growing at about 2% as mainland China cuts back,” Lau said. “However, we see India stepping up and recording the world’s fastest steel consumption growth rate.”

https://www.bnnbloomberg.ca/iron-ore-is-tight-and-will-pass-100-test-in-2024-hsbc-says-1.2066384

Iron ore price posts best monthly gain since June 2023

"Outlook for the ferrous sector is neutral to slightly bullish due to China’s latest move to boost infrastructure spending, the trader said, adding that continued expansion in manufacturing activity also lent some support."
https://www.mining.com/web/iron-ore-price-posts-best-monthly-gain-since-june-2023/

"Prices for iron ore cargoes with a 62% iron ore content rebounded to $117 per tonne in May, the highest March, as increasing demand was met with uncertain supply. Fortescue noted that shipments for the year should be at the lower range of its guidance due to problems in key mines, limiting supply out of Australia."

https://tradingeconomics.com/commodity/iron-ore

Labrador West Deposit Block Model Showing Grade, Drilling and Pit-Constrained Resource Outline
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