Tag Archives: Alan Green brand communications

Alan Green talks to Kiran Morzaria, CEO at AIM listed Cadence Minerals #KDNC which owns a 36% stake in the Amapa iron ore project in Brazil. The Company has just received the Installation Licence from the State of Amapá Environmental Authority which authorises refurbishment, construction and installation works for the Azteca Plant and the larger Amapá Project, worth $1.9bn NPV. Kiran discusses the significance of the licence award and the resulting shift from planning to engineers on the ground preparing Azteca for restart. We look at the impact that the Iran War and closing of the Strait of Hormuz have had on global markets, and the resilience of the iron ore price, before discussing fundraising and the funding picture longer term for Amapa. We also look at the Sonora Lithium Project, where LCM Funding have provided non-dilutive funding to prosecute the Mexican Govt, before ending with near term milestones in the run up to first production at Azteca.