Bolt Metals (TSXV: BOLT | WKN: A3D8AK) recently raised capital to advance the Florália DSO Hematite Iron Ore Project in Minas Gerais, Brazil. With an estimated Capex of USD 10–12 million and without a tailings dam or water requirement, a cost-efficient production model is emerging. Exploration and environmental studies are underway, with production planned for 2027.
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