MGT share price, page-9123

Why not be bullish on magnetite?
Beside the obvious benefits of low impurities, higher grades and greener steel production. You are aware how long Australia has been mining IO, right...?
The reality of the situation is current DSO operation grades have degraded significantly over the decades and majors are barley reproducing 1 for 1 replacement mines for existing, depleting operations.
Hence why we have seen some majors remain committed to magnetite operations even after experiencing major cost blow-outs.

Between already depleting/degrading resources, a global increase in demand for iron ore and a matching consensus to lower carbon emissions. Tell me how Magnetite has no future in IO??