MGT 0.00% 17.5¢ magnetite mines limited.

Understanding the demand for Green Steel, page-540

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    Australia’s two largest iron ore producers and its biggest steelmaker have partnered in their efforts to accelerate the decarbonisation of steelmaking by agreeing to jointly investigate the development of the country’s first ironmaking electric smelting furnace (ESF) pilot plant. [See Bluescope YouTube video below]



    A full copy of the BSL, BHP, RIO Media Release (dated 9 Feb 2024) is attached:

    2024_RioTinto_BHP_BSL_partnership_announcement.pdf

    Cheers

    These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
 
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