MGU 0.00% 1.4¢ magnum mining and exploration limited

Ann: Full Year Statutory Accounts, page-5

  1. 63 Posts.
    lightbulb Created with Sketch. 46
    All in all, that was a good read. There we're a few item omissions, however as this is for the year ended Dec 2023, they may (not..??) be included in the next quarterly announcement.

    Also found this of interest, (page 11) which aligns with one of my earlier posts on the amount of HiSmelts to be constructed worldwide. Cant remember the number I quoted. Future news from Magnum, will reveal all.

    Summary:
    Magnum is developing plans for the construction of HIsmelt plants worldwide to supply green pig iron via the HIsmelt technology using biochar.
    Magnum has performed various studies and site visits on several locations including:
    • Buena Vista (Colado site)
    • Appalachian Iron (West Virigina)
    • Midmetal (Saudi Arabia

    Argentina and Malaysia are now added to the map, Australia is sure to get 1 or 2.
    Interesting times ahead. Let the process continue.

    Happy Easter...
    Last edited by ASXMGU: 29/03/24
 
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