MGT magnetite mines limited.
Add to My Watchlist 8.60% ! 8.5¢

Australia is currently facing the Kodac moment with Western...

  1. BigJohn1
    607 Posts.
    lightbulb Created with Sketch. 331
    clock Created with Sketch.
    09/11/23
    07:24
    Post #: 70798045
    Australia is currently facing the Kodac moment with Western Australia going into survival mode and South Australia leading the carbon emissions in manufacturing of green steel.
    Australia is not the only country with high grade magnetite and the big boys know this, behind the scenes there is a lot happening and the future of steel manufacturing lays in high grade iron ore pellets.
    MGT has well over 6 billion tonnes an
    We in Australia are at the crossroads and the South Australian government are definitely sitting in the right position, all mgt needs now is capital i It’s investment from partnering / JV to become a producer not to far in the future.
    Enjoy this this YouTube video I’ve attached explaining the future of green steel.

    https://youtu.be/R2YinVWm-20?si=PJJ4qnGzIm244ehT    d eventually the resource will become valuable for developing countries also.
    MGT Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NUZ Significant Blood-Brain Barrier Penetration Achieved by NUZ-001
right-arrow Created with Sketch.
NEWS Sparc opens small-scale green H2 plant in SA, but liquidity dried up
right-arrow Created with Sketch.
NEWS Many Peaks accelerating gold hunt in Côte d'Ivoire after assay 'justification'
right-arrow Created with Sketch.
NEWS Uranium ignites: Is this the start of a supercycle?
right-arrow Created with Sketch.
NEWS Bullish Brookside expands with fifth DSU at 'highly sought after' American oil and gas field
right-arrow Created with Sketch.
NEWS Red Mountain to map, sample Quartz Reef after landing big alluvial nugget haul
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
8.5¢ 		Change
-0.008(8.60%) 		Mkt cap ! $10.28M
Open High Low Value Volume
9.2¢ 9.2¢ 7.1¢ $70.24K 813.6K

Buyers (Bids)

No. Vol. Price($)
1 7488 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 23582 2
View Market Depth
Last trade - 15.47pm 24/06/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.