Cyclone Metals Ltd (ASX: CLE) (Cyclone Metals) is an Australian domiciled, fully funded, mineral development company. Cyclone Metals has interests in several exploration and mining companies, providing exposure to cobalt, lithium, iron ore, uranium, copper and base metal assets in Australia, Europe, Africa and South America.
Cyclone Metals aims to deliver Shareholder value by adding value to these undeveloped Projects. If Projects are converted into cash, the Company intends to follow a policy of distributing surplus cash to Shareholders.