These bulk samples of concentrate will be shipped to selected steel mills which will be able to benefitthe most from using Iron Bear ultra-low carbon products. This should put Cyclone in a good position tostart negotiations for a strategic joint venture. The imposition of aggressive carbon taxes on steelimported or produced in the EU will be phased in between 2026 and 2035, which should provide apowerful incentive for potential customers to secure our future production.
A subtle change. Which raises the question regarding how will CLE pay for it's share of funding.
It does show that the team is progressing.
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