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finance.yahoo.com
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business3h ago

Tsodilo Resources Continues Its Collaboration with Botswana International University of Science and Technology

  • Tsodilo Resources extends its research collaboration with BIUST on the Xaudum Iron Project to explore value-added iron products.
  • The BIUST project aims to test pig iron production using locally sourced Botswana resources.
  • Researchers will design an oven and an experimental blast furnace at BIUST for product testing.
  • The collaboration seeks to leverage Botswana coal to support low-emission steel pathways like DRI and pellet feeds.
  • Tsodilo emphasizes XIF’s potential to meet growing high-grade magnetite demand amid decarbonization trends.
  • The XIF project is described as offering a premium product suitable for pellet feed and potential DRI applications.
  • Botswana’s coal reserves are highlighted as a strategic asset for beneficiation and value addition.
  • The release notes a CIM-compliant resource for Block 1 and potential for larger extrapolated targets.
  • The collaboration aligns with broader industry decarbonization trends impacting steel production.
  • Tsodilo aims to inform resource owners on possible steps to increase Botswana’s export value.
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