Strategic Resources Inc - Company Profile
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Strategic Resources Inc (SRI) carries out the extraction and processing of vanadium, high-purity iron, and titanium. The company's main activities include the development of the BlackRock project in Quebec and the Mustavaara mine in Finland. Its major products are metals and materials derived from vanadium and titanium bearing magnetite deposits. The company's products are used in industries aiming to decarbonize the global economy, particularly in the production of high-quality metal alloys and advanced batteries. SRI collaborates with partners such as Orion Mine Finance and Investissement Quebec for project financing. It operates in geographic locations including Quebec, Canada, and north-central Finland, targeting markets that require sustainable and low-carbon metal solutions. SRI is headquartered in Montreal, Quebec, Canada.
Headquarters
Canada
Address
1539 - 1155 Metcalfe St, Montreal, Quebec, H3B2V6
Website
strategic-res.com
Telephone
1 416 8406972
No of Employees
7
Industry
Metals and Mining
Ticker Symbol & Exchange
SR (CVE)
EPS
XYZ
Net Income (2025)
XYZ
55.1%
(2025 vs 2024)
Market Cap*
$12.2M
Net Profit Margin (0 vs)
XYZ
0.0%
(2025 vs 2024)
* As of and is in US$
Strategic Resources Inc premium industry data and analytics
Products and Services
| Products |
|---|
| Uranium |
| Vanadium |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In January, the company entered into a contract with Tacora Resources to feed Strategic's planned Phase 1 High-Purity Iron Pelletizer Project at Port Saguenay. |
| 2024 | Contracts/Agreements | In November, the company entered into binding agency agreements with Javelin Global Commodities (SG) PTE Ltd, a subsidiary of Javelin Global Commodities. These agreements involve the procurement of approximately four million tonnes of direct reduction grade iron ore concentrate, as well as the sale of up to four million tonnes annually of direct reduction grade iron pellets. This will be facilitated through the company’s proposed High Purity Iron pelletizer facility located at Port Saguenay, Quebec. |
| 2024 | Contracts/Agreements | In February, the company entered into a collaboration agreement with Levidian, a British firm specializing in climate technology, to explore the provision of Levidian’s patented LOOP decarbonization technology to the metallurgical facility of the BlackRock Project. This Collaboration Agreement allows the company to expedite its hydrogen development strategy and progress towards the production of nearly emissions-free iron products intended for use in electric arc furnaces and steel manufacturing facilities. |
Competitor Comparison
| Key Parameters | Strategic Resources Inc | Avalon Advanced Materials Inc | Quest Rare Minerals Ltd | Southern Cross Gold Consolidated Ltd | Ucore Rare Metals Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Montreal | Toronto | Montreal | Vancouver | Halifax |
| State/Province | Quebec | Ontario | Quebec | British Columbia | Nova Scotia |
| No. of Employees | 7 | 15 | - | 8 | - |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sean Cleary | Chief Executive Officer; Director | Executive Board | - | - |
| Scott Hicks | Executive Vice President - Corporate Development; Director | Executive Board | - | - |
| Dan Nir | Chief Financial Officer | Senior Management | - | - |
| Michael Lam | Vice President - Finance | Senior Management | - | - |
| Jukka Pitkajarvi | Vice President - Geology and Finland Operations; Senior Officer Finland | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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