Red Paramount

Red Paramount (AIM: IS) is a iron_ore-focused mineral exploration company.

The company holds 1 project on file, at the exploration stage.

7 press releases are tracked here, with the most recent dated Feb 27, 2025.

We are focused on using sustainable extraction and processing of iron ore and green energy technologies to minimize the climate impact and material footprint through the value chain of steel production. Our prime focus is on developing the Lac Virot Iron Ore Project to become a significant producer of emission-free green steel in Canada’s leading iron ore-producing region. At Red Paramount, we use sustainable extraction and processing of iron ore and employ available clean-energy technologies through the full-value production cycle of green steel with zero emissions. Our approach ensures that we meet the increasing demand for steel sustainably while contributing to global efforts to reduce greenhouse gas emissions. Our vision for a climate-neutral world is to become the world’s leading supplier of green steel, and we are working hard to achieve this goal. We understand that achieving our vision will require a collaborative effort from all stakeholders, including policymakers, the busin