MGT 2.78% 18.5¢ magnetite mines limited.

Understanding the demand for Green Steel, page-707

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    Steel Production, Economic Nationalism, and the Green Energy Transition (foreignpolicy.com)

    https://hotcopper.com.au/data/attachments/6173/6173555-651ff5087849936e7cb88e7c0efc578c.jpg

    "The push for green steel isn’t just because the sector accounts for nearly one-tenth of global emissions. It is also because steel will underpin nearly everything that will enable the full transition to cleaner, greener technologies—lightweight electric car bodies and power trains, massive new wind turbines, solar power arrays, and advanced nuclear power plants. Companies that are betting their future on making products for the carbon-free future can’t build it with gear from a carbon-coated past.

    “We’re going to require a lot more steel if we succeed in moving toward a green energy revolution, in terms of wind, solar, nuclear, natural gas, whatever—that’s a lot of steel,” Dempsey said."

    Good read. Works for me.
 
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