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Title: Oceanic Iron Ore CEO Chris Batalha Talks About Global Demand Drivers for Iron Ore

Canada, 3rd Oct 2026 – Global Stocks News - Sponsored content disseminated on behalf of Oceanic Iron Ore. On September 29, 2026, Oceanic Iron Ore (TSXV: FEO) issued a message to shareholders entitled “Global Demand Drivers for Iron Ore”.Oceanic is focused on the development of its 100% owned Hopes Advance, Morgan Lake and Roberts Lake iron ore projects located on the coast, in the Labrador Trough in Québec, Canada.The flagship Hopes Advance Project has a NI 43-101 Measured & Indicated resource of about 1.36 billion tonnes at a head grade of 32.1% Fe. The project is located at tidewater. The PEA highlights that Oceanic will not require a railroad to get its iron ore to market, significantly reducing capital expenses and operating costs.Global Demand Drivers for Iron OreChris Batalha, CEOIron ore is not one of the sexy metals like gold or silver. People don’t chat about it at dinner parties or walk the red carpet flaunting their pig iron earrings. Many investors aren’t sure exactly what it is or what it is used for. “Iron ore is not something that dreams are made of,” confirmed Oceanic's co-founder, Frank Giustra, in a recent ITM interview. “It’s a bulk commodity. It doesn’t drive men to do crazy things. But in a world that is industrializing, iron ore is crucial.”Trace amounts of iron ore are used in pigments and cosmetics, but 98% of all mined iron ore is smelted to create hot metal – a high-carbon intermediate product, which is then refined into steel.Due to its high tensile strength, durability and relatively low cost, steel serves as the structural backbone for modern civilization. Every year, about 1.9 billion tonnes of crude steel is produced globally.Buildings and infrastructure account for 50% of all global steel demand. I-beams and columns require...

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