I was replying to the part where you said it seemed uneconomic. Perhaps reread what you wrote.
Regarding the green steel part, the plan is to produce HBR or some form of high purity iron, not steel.
Fe2O3 + 3H2 => 2Fe + 3H2O
Theres your stoichiometry for the reaction.
The customer who buys the iron feedstock can then add whatever additives they want to make various grades of steel at their pleasure.
Again, it's an exercise in environmentalism rather than economics, until the point that the tariffs/taxes etc become non competitive for the alternatives.
- Forums
- ASX - By Stock
- MGT
- Ann: Green Iron grade concentrates produced using saline water
MGT
magnetite mines limited.
Add to My Watchlist
3.57%
!
8.7¢

Ann: Green Iron grade concentrates produced using saline water, page-46
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
8.7¢ |
Change
0.003(3.57%) |
Mkt cap ! $10.66M |
Open | High | Low | Value | Volume |
8.7¢ | 8.7¢ | 8.7¢ | $3.654K | 42K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3798 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 206026 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3798 | 0.087 |
1 | 30000 | 0.085 |
3 | 252995 | 0.083 |
2 | 24833 | 0.082 |
2 | 153712 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 206026 | 2 |
0.092 | 100000 | 1 |
0.095 | 6779 | 1 |
0.098 | 1200 | 1 |
0.099 | 20000 | 1 |
Last trade - 15.32pm 07/08/2025 (20 minute delay) ? |
Featured News
MGT (ASX) Chart |