STEEL & HIGH PURITY IRON POWDER

PRISM is Developing a World-Scale Portfolio of Critical Minerals

Iron Ore Products: Steel and High Purity Iron Powders

PRISM's Clear Hills resource, as reported in its NI 43-101 technical resource report, contains 182 million tonnes of contained iron and 2.45 billion pounds of contained vanadium pentoxide, will support many decades of production.

The reductive chlorination process to be implemented by PRISM can produce high purity Iron with three strategic market opportunities (% are of iron ore volume sold):

  1. Primary Steel Products (~80%) - steel billets, blooms and slabs for sale to downstream steel product manufacturers

  2. Iron Feedstock Production (~20%) - substitute for traditional Direct Reduced Iron (DRI)/Hot Briquetted Iron (HBI) or Pig Iron

  3. Specialized Iron Powders (~1%) - Additive Manufacturing/3D Printing- high purity iron powders (99.95% powders)

Significant Revenue Potential