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Sid Rajeev
  • Sid Rajeev

Boosted by High-Purity Iron's Critical Mineral Status in Canada

MQM’s Lac Otelnuk project is one of North America’s largest undeveloped iron ore deposits, with the potential to support a mine-life of 100+ years. A historic Feasibility Study valued the project at a post-tax NPV8% of US$5.24B, based on a CAPEX of US$9.4B and long-term iron ore prices of US$105/t. Recent recognition of high-purity iron as a critical mineral in Canada opens doors to government funding and tax incentives, enhancing the project's development prospects.

Sid Rajeev
  • Sid Rajeev

MetalQuest Mining Inc. (TSXV: MQM / OTCQB: MQMIF / FSE: E7Q) Advancing...

Fundamental Research Corp has issued a report entitled “Advancing One of the Largest Undeveloped Iron Ore Projects in North America – Initiating Coverage” and dated June 7, 2023. The full report is now at

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