Strategic Resources Inc. announces that it has advanced in the regulatory process to amend its existing environmental permits at Port Saguenay and has received questions from Québec's Ministry of the Environment regarding its application to modify the Company's certificate of authorization to enable a 4‑million‑tonne‑per‑year iron ore pellet plant, as outlined in its March 2024 pre‑feasibility engineering study. As [...]
Strategic Resources Inc. is pleased to announce that Mr. Terry Perles will join the Company's Board of Directors. Mr. Perles will also take on a role with the Company's management team as Business Development Lead for Vanadium and Titanium Products. Mr. Perles is the founder of TTP Squared, Inc., a vanadium industry consulting firm which he has managed for the last 15 years. Mr. Perles is also the current Chairman of the [...]
Strategic Resources Inc. is pleased to announce the filing of a project intake request with the Canadian Federal Government's newly created Major Projects Office . The MPO's mandate is to advance major projects in Canada and provide a single point of contact and leadership to projects referred to them. Their focus is to resolve policy challenges, structure financing and reduce risks for projects to ensure that they remain [...]
Strategic Resources Inc. is pleased to announce the results of its annual general meeting of shareholders held on November 28, 2025 in Montreal . Strategic's shareholders voted in favour of each of the matters considered at the Meeting, including electing each of Sean Cleary, Amyot Choquette, Michael Moore, Mark Serdan and Victor Flores as directors of the Company to hold office for the ensuing year, appointing KPMG LLP [...]
Strategic Resources Inc. is pleased to announce filing its management information circular for the upcoming Annual General Meeting. The meeting will be held Friday, November 28, 2025 in Montreal, Quebec. Strategic shareholders will consider re-electing Sean Cleary, Amyot Choquette, Michael Moore, Mark Serdan and Victor Flores as directors of the Company to hold office for the ensuing year, appointing KPMG LLP as the [...]
Strategic Resources Inc. is pleased to announce significant progress in the development of its planned iron ore pellet plant at Port Saguenay, Quebec. As part of its commitment to advancing this critical initiative, the Company has shortlisted leading engineering firms and contractors for the Feasibility Study and metallurgical testing of the pellet feed concentrates. In addition, Strategic has submitted all requisite [...]
Strategic Resources Inc. is pleased to announce that it has signed a Collaboration Agreement with Tacora Resources Inc. that will explore using Tacora's iron ore concentrate to feed Strategic's planned Phase 1 High-Purity Iron Pelletizer project at Port Saguenay. The Agreement will focus on testing of Tacora's iron ore concentrate to determine the suitability for the direct reduction grade pellets that Strategic plans to [...]
Strategic Resources Inc. is pleased to announce the results of its annual general meeting of shareholders held on December 12, 2024 in Montreal . Strategic's shareholders voted in favour of each of the matters considered at the Meeting, including electing each of Sean Cleary, Amyot Choquette, Scott Hicks, Michael Moore, Mark Serdan and Victor Flores as directors of the Company to hold office for the ensuing year [...]
Strategic Resources Inc. is pleased to announce that it has signed definitive agency agreements with Javelin Global Commodities PTE Ltd, a subsidiary of Javelin Global Commodities to procure approximately four million tonnes of direct reduction grade iron ore concentrate and sell up to four million tonnes a year of DR grade iron pellets from Strategic's planned High Purity Iron pelletizer facility at Port Saguenay, Québec [...]
Strategic Resources Inc. is pleased to announce that it has engaged Societe Generale to lead the project financing debt package to fund development of the project. The Company has initiated work with Societe Generale to put together a senior debt package for the BlackRock project in Québec. The Company is targeting an approximately US$300 million senior debt financing package to fund the US$470 million initial capital [...]
On March 12, 2024, Strategic Resources Inc. issued a news release announcing positive results from a study referred to as the "Pre-feasibility Class 5 level engineering study conducted by BBA" for its proposed 4,000,000 metric tonne per year merchant pelletizer plant . Strategic would like to clarify certain information disclosed in this previous news release in relation to the Study. The Project will be located on the [...]
Highlights: A robust economic project with an after-tax IRR of 25%. Ability to generate US$173 million of annual EBITDA assuming a US$70/t DR grade pellet premium. An initial capital cost of US$470 million to build the project . A 25-month construction timeline with commissioning starting in month-27. Pelletizing conversion costs of $16.31 per tonne of pellets. Strategic Resources Inc. is pleased to announce results from [...]
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