MGT magnetite mines limited.
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Baosteel to supply green steel for Beijing Benz from 2023 -...

  1. MGT4eva
    1,130 Posts.
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    24/11/22
    10:14
    Post #: 64958348
    Baosteel to supply green steel for Beijing Benz from 2023 - Fastmarkets

    "Baoshan Iron & Steel (Baosteel) will begin to supply steel made with sharply reduced carbon emissions to Beijing Benz Automotive (BBAC) from next year, the Chinese steel giant said on Tuesday November 22

    From 2026, the reduction in carbon dioxide emissions — related to Baosteel’s production of automotive steel using a hydrogen-based shaft furnace-electric-arc furnace process — will reach 50-80%, compared with traditional steelmaking methods."

    Sounds like high grade ore to me.
    MGT Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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