MGT 3.57% 27.0¢ magnetite mines limited.

https://www.abc.net.au/news/2024-05-16/whyalla-steelworks-at-leas...

  1. 38 Posts.
    lightbulb Created with Sketch. 7
    https://www.abc.net.au/news/2024-05-16/whyalla-steelworks-at-least-a-year-behind-schedule/103849438

    Transition to green steel now expected in 2027

    In recent days, GFG Alliance received positive results from testing of Whyalla magnetite in direct reduction iron plants in Canada and Egypt."Both of them yielded the best results the industry has seen so far," Mr Gupta said, "proving that Whyalla's magnetite really is the best in the world".Until this week the "transition" to green steel was planned for 2025, but GFG now expects the shift to happen in 2027.

    Some other more interesting tid bits in the article too.
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
27.0¢
Change
-0.010(3.57%)
Mkt cap ! $26.57M
Open High Low Value Volume
30.0¢ 30.0¢ 27.0¢ $43.26K 158.8K

Buyers (Bids)

No. Vol. Price($)
2 101509 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 15174 1
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.