Also to consider:Iron ore miners have been anticipating [and are...

Also to consider:

Iron ore miners have been anticipating [and are now experiencing] a surge in prices and an increase in demand for high-grade iron ore which is considered more environmentally friendly than its lower grade ore.

Joe Biden has stated his intent to restart the United States’ plan for clean energy revolution and a focus to the environment, with a target of hitting zero net carbon emissions by 2050. With that in mid the United States looks likely to re-enter the Paris Agreement under Biden’s leadership, meaning that mining companies and steel manufacturers with lower-emission products are in pole position.

Background info: For iron ore producers looking to reduce their emissions, mining a higher grade is the most productive answer; higher-grade iron ore produces more steel from the furnace during blasting. Higher-grade iron ore only requires crushing and screening so can be put to market quicker than lower-grade product, and also attracts a higher price, providing producers more price resilience in the market, which is particularly attractive for juniors.

This bodes well for Tombador.