Lincoln Minerals (ASX:LML) is advancing its partnering process for its Green Iron project after the South Australian government announced its commitment to develop the state's magnetite resources for use in green iron and steel.
The company said the first phase of its green iron project partnering process is nearing completion, with the internal project specialist team assembled and project parameters established, according to a Monday filing with the Australian bourse.
Once the project presentation is complete, the mineral explorer will actively seek investors and potential partners to further progress the overall partnering process, the filing said.
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