MGT magnetite mines limited.
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Understanding the demand for Green Steel, page-1157

  1. treefeller
    889 Posts.
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    26/02/25
    18:44
    Post #: 78041485
    Do not be misled. The SA and fed govts are not doing this to save the planet but to save their seat of Whyalla: and what a mess Whyalla is as a steel manufacturer. Anyone who has been to Whyalla and seen the derelict industry in the midst of town would shake their head at the noise being made promoting the green steel "solution".

    Is not going to happen folks. Electioneering only. Move the steelworks south to Port Hardy. Decent port depth (not shallow like Whyalla), desal water, and green hydrogen.
    MGT Price at posting: 9.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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