MGT 3.64% 26.5¢ magnetite mines limited.

Take a deep breath — the end of a century of coal-fired steel...

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    Take a deep breath — the end of a century of coal-fired steel pollution in Hamilton is on the horizon | TheSpec.com

    https://hotcopper.com.au/data/attachments/4433/4433409-80e1d172efb7a3c931e8285e63c5d70c.jpg

    Our new CEO's previous crew are going green...

    "This year, the city’s largest steelmaker, ArcelorMittal Dofasco, vowed to end a century of dirty coal use at its bayfront operations by 2028, if not sooner — thanks in part to a $900-million assist from federal and provincial taxpayers.

    The historic $1.8-billion transformation will “fundamentally change the way we make steel,” promised president Ron Bedard in February as he described plans to replace coal-fired coke ovens and blast furnaces with electric arc steelmaking and an iron-smelting facility that may eventually be powered by green hydrogen."

    Sounds like they need high grade iron ore pallets...i wonder who has them...







 
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