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5.56% 19.0¢ magnetite mines limited.

Understanding the demand for Green Steel, page-734

  1. MGT4eva
    1,034 Posts.
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    18/06/24
    08:23
    Post #: 74361966
    Essar confirms investment in green steel production in Saudi Arabia (gmk.center)
    https://hotcopper.com.au/data/attachments/6252/6252562-2d64ce78aeba9e6dd2a98fbc85202ba4.jpg

    The Indian conglomerate Essar Group has confirmed a $4 billion investment in a green steel plant in Saudi Arabia. The company will also invest approximately $3.6 billion over the next four years in a green hydrogen plant in India (Jamnagar, Gujarat). It is worth noting that Essar planned to start work on a steel plant with a production capacity of 4 million tons per year in Ras Al Khaire in 2024."

    More money going into Green Steel this time in Saudi arabia. Nice.
    MGT Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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