MGT magnetite mines limited.
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Danieli books sizable EAF business in China - Recycling...

  1. MGT4eva
    1,130 Posts.
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    30/08/22
    07:34
    Post #: 63395674
    Danieli books sizable EAF business in China - Recycling Today

    https://hotcopper.com.au/data/attachments/4634/4634173-d927780557d01fa476ffacd4078a285c.jpg

    "Italy-based Danieli & C. Officine Meccaniche S.p.A. says it has received orders for eight of its Danieli Zerobucket electric arc furnaces (EAFs), adding the orders have been placed by five different Chinese steelmakers over the last six months.Danieli lists the Chinese-based steel producers as Qiananshi Jiujiang, Hebei Puyang, Tangshan Zhongshou, Changshu Longteng and Zhejiang Yuxin."

    Chinese steelmakers looking at DRI tech to produce green scrap metal. Not related to magnetite however it just goes to show that they are making moves to go green. Good times.
    MGT Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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