MGT 0.00% 14.0¢ magnetite mines limited.

Hydrogen sparks change for the future of green steel production...

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    Hydrogen sparks change for the future of green steel production | ING

    https://hotcopper.com.au/data/attachments/5443/5443235-9456fefc8322704f56bbf5c550fc500d.jpg

    Great article however I emailed them to ask why magnetite + South Australia was not referenced in their article when:
    a) Magnetite, high grade ore, is crucial for the Hydrogen DRI/EAF route
    2) South Australia has access to abundant renewable energy (70% 2023 to 100% in 2030)
    c) South Australia has a 500m hydrogen plant about to be built
    d) South Australia has 6 billion tons of magentite beneath their feet. So why mention norway and sweden and not south australia?
    e) I also said that they should modify their tagline:
    FROM: "We believe both CCS,and hydrogen are needed to meet the goal of a net zero steel industry"
    TO: "We believe both CCS, HIGH GRADE IRON ORE (Magnetite), ACCESS TO RENEWABLE ENERGY and hydrogen are needed to meet the goal of a net zero steel industry"


    I'll post their response if they respond. I took one for the team. I encourage you all to email them too. We have absolutely nothing to lose but everything to gain so just do it. Lets spread the word of the good work that our team is doing in South Australia! GO MGT!
    Last edited by MGT4eva: 21/07/23
 
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