MGT magnetite mines limited.

MGT Social Media Posts, page-393

  1. 234 Posts.
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    This article is not directly related to MGT, however it is directly relevant in terms of the wider Macro environment and is exactly why management's strong focus on ESG and having people on board who not only talk about it, but have actually successfully implemented it (within one of the largest steelmakers in the world) like Simon Wandke, is so vitally important in terms of getting financed, permitted and into production.

    It also relates to our high grade product which in itself is essential for low carbon / carbon neutral steel, but goes much deeper.

    If it plays out as described in the article, commodity pricing will encompass MGT's scope 1, 2 and 3 emissions as well. Things like our 95% renewable energy from the SA grid (by target production date) and use of wastewater for processing.

    I genuinely believe that with MGT's resource and management there is an incredible long term opportunity to be involved in something big from the ground floor.

    From the AFR:

    https://hotcopper.com.au/data/attachments/4413/4413935-f2383d0a45107e334526b0d6acff5bbf.jpg
    https://hotcopper.com.au/data/attachments/4413/4413938-00a50966b6f1ed048b000c99976e6d44.jpg
    https://hotcopper.com.au/data/attachments/4413/4413941-f1c930364f78be7efc2a0e9d82851251.jpg



    DYOR, of course.


 
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