Very exciting piece of news. Nobody with these kind of credentials would even associate with a project they thought was doomed to fail. This goes to show that the future potential of green steel and the required high grade feed is real, with the world quickly catching on. The iron ore industry is going to go through major changes in the coming years and MGT is well suited to prosper under carbon neutral requirements.
https://www.news.com.au/technology/innovation/military/australia-and-south-korea-to-sign-billiondollar-defence-contract/news-story/a994b944f608e2db947faf42d7de6420
It’s been previously highlighted how our strengthening military ties with SEA countries such as South Korea and Japan will create opportunities outside of China for all Australian mining industries. Military supply chains for processed materials will continue to pivot away from China to assure secured supplies under uncertain conditions.
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