Cyclone Metals Ltd (ASX:CLE) has successfully completed pilot plant testing for its Iron Bear Project, showcasing the potential to produce high-grade iron ore concentrates suitable for green steel production. The project’s magnetite samples yielded concentrates with exceptional purity and recovery rates, including a Direct Reduction concentrate grading 71.3% Fe and a Blast Furnace concentrate grading 69.8% Fe. With an updated resource estimate of 16.6 billion tonnes of Fe, the Iron Bear Project is well-positioned to meet growing demand for low-carbon iron ore products.