Understanding the demand for Green Steel, page-1018

Let’s flush now.

Potential parties interested in Magnetite Mines Limited (MGT) include:Major Mining Companies
1. BHP Group (BHP): Expanding iron ore portfolio.
2. Rio Tinto (RIO): Strengthening iron ore presence.
3. Fortescue Metals Group (FMG):Growing iron ore production.
4. Anglo American (AAL): Diversifying into bulk commodities.
5. Vale (VALE)

Expanding iron ore operations.Steel P roducers and Trading Companies
1. Posko Korean steel giant seeking secure iron ore supply.
2. Baowu Steel: Chinese steel producer expanding global presence.
3. Nippon Steel: Japanese steelmaker seeking high-grade iron ore.
4. Trafigura: Global commodities trader.
5. Glencore: Diversified commodities company.

Chinese State-Owned Enterprises (SOEs)
1. China Baowu Steel Group
2. China Molybdenum Co.3. Ansteel Group
4. CITIC LimitedInvestment

Funds and Private Equity
1. BlackRock
2. Vanguard
3. State Street Global Advisors
4. AustralianSuper
5. QIC Limited

Korean and Japanese Companies
1. Hyundai Steel
2. Korea Iron & Steel Co.
3. JFE Steel
4. Sumitomo Corporation
5. Mitsubishi Corporation

Other Potential Suitors
1. Gina Rinehart's Hancock Prospecting
2. Andrew Forrest's Squadron Resources
3. Other Australian mining companies

DYOR