MGT 1.79% 27.5¢ magnetite mines limited.

SA's big cost advantage to green-light green iron | Energy &...

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    SA's big cost advantage to green-light green iron | Energy & Mining (energymining.sa.gov.au)

    https://hotcopper.com.au/data/attachments/6192/6192154-a0e0f3e37aaaa7375b553c2e487672e4.jpg

    A collaboration between Europe’s largest seaport authority, the Port of Rotterdam, and Monash University shows South Australian green iron has a 21% advantage when compared with shipping its raw components to Europe.

    South Australia’s comparative advantages stem from the state’s superior magnetite – the form of iron used in the production of green iron and steel – as well as abundant renewable energy generation and the South Australian government's investment in green hydrogen power.

    A formal Expressions of Interest (EOI) process for companies to partner in developing a green iron industry and supply chain in South Australia opens in June."
 
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