MGT magnetite mines limited.
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Greensteel orders $1.6bn of steelmaking kit

  1. prospective
    237 Posts.
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    16/04/25
    18:36
    Post #: 78718671
    Does anybody have a read on the announcement that appeared in the media 10/4/25.
    In essence that Greensteel have ordered all this steel making equipment with a
    "preferred" location in Whyalla.
    Apparently 3 mills, 2 arc furnaces and DRI plant by late 26, early 27.
    Preferred location is adjacent to the existing steelworks.
    MGT Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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