MGT magnetite mines limited.

Understanding the demand for Green Steel, page-676

  1. 1,168 Posts.
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    Hey mate, great listen. I suggest if anyone is intending on investing in not only MGT but other green projects that it’s well worth the 50 minutes.

    Firstly, this panel discussion is headed by Rod Sims. Enough said.

    key take away for me.

    Government intend to support infrastructure financially.

    Euro import tax on emissions at $90 per ton for dirty ore.

    Australia does not apply a price on carbon locally, but Europe and Asia are implementing carbon taxes putting us in the sweet spot.

    Government intend to look after the early up-takers of green steel financially.

    Australia will be damaged economically the most from climate change excluding Canada.

    Australia is set to make the cheapest hydrogen in the world.

    Shipping and rail are already moving to green fuels and this further supports economics.
 
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