MGU 7.69% 1.4¢ magnum mining and exploration limited

It’s been all over the internet since Sep 2023. The agreement...

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    It’s been all over the internet since Sep 2023.

    The agreement aims to develop green pig iron production projects across North America, Saudi Arabia and other regions by implementing the new HIsmelt technology, which claims to deliver pure pig iron using a direct iron reduction method that uses biochar sourced from renewable biomass as the iron-reducing agent.

    Simultaneously, the companies plan to develop biochar production to turn the HIsmelt pig iron production 100% green through the use of sustainable biomass.

 
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