Akora Resources' Bekisopa iron ore update

Akora Resources (ASX:AKO) has announced an update on their Pre-Feasibility Study for the Bekisopa Iron Ore Project in Madagascar. The study confirms the proportions and quality of their direct ship iron ore products. Mineral processing trials show 71% iron ore fines and 29% iron ore lump from a 62% iron average feed grade.

Bekisopa project's strategic outlook

Akora Resources has released an update on their Bekisopa Iron Ore Project's Pre-Feasibility Study, confirming the quality and proportions of their products. The mineral processing trials indicate a high-grade potential for direct ship iron ore, with a product split of 71% fines and 29% lump. The results suggest potential premium pricing, which could be financially beneficial. The company plans to integrate these findings into their PFS assessments and conduct further trials to enhance product quality. The Bekisopa project holds strategic importance due to its alignment with the demand for high-grade iron ore suitable for cleaner steel production technologies. This announcement marks a significant milestone in Akora Resources' ambitions to develop high-grade iron ore projects in Madagascar.

Executive insights on Bekisopa project advancements

The mineral processing trials revealed a product split of 71% fines and 29% lump. Lump iron ore product averaged 65% iron, and fines averaged 61% iron from a 62% average feed grade. The proportion of lump and fines aligns with industry standards for direct shipping ore.