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Athena Resources Limited ( (AU:AHN) ) just unveiled an update.
Athena Resources Limited has partnered with Warradarge Energy and Fenix Resources Limited to establish the Mid West Green Iron Project in Western Australia. This collaboration aims to produce direct reduction iron ore products using locally sourced ultra-high-grade iron ores and green hydrogen, significantly reducing carbon emissions compared to traditional methods. The project will be developed in stages, with Athena providing ore samples and potentially high-grade magnetite concentrate. This initiative aligns with the growing industry focus on sustainable steel production and positions Athena to capitalize on emerging green iron opportunities.
More about Athena Resources Limited
Athena Resources Limited operates in the mining industry, focusing on the development of high-grade magnetite iron ore. The company is primarily engaged in the Byro Magnetite Project, which aims to produce high-quality iron ore concentrates suitable for green iron production.
Current Market Cap: A$18.13M
See more data about AHN stock on TipRanks’ Stock Analysis page.