MGU magnum mining and exploration limited

why is HISMELT plant so unique

  1. 883 Posts.
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    I hope we can use this thread to incorporate our research and help others understand there is a very big point of difference with MGU And how they're bridging the gap of a very important domestic and international change, and are at the forefront of this change

    I will attach articles I think are very relevant to helping those who aren't familiar, with a base or gross understanding depending on how far down the hole you want to go.

    for base understanding download PDF on top search in google
    "HIsmelt America"

    for a gross understanding read this, this will give you a wide understanding the whole STEEL story

    www.LinkedIn.com/pulse-what-happened-what's-happening-hismelt-has-grown-luo-yuhua


    in Rodney hoopers report, the planned 800KTpa plant would bring in a 600$ per tonne for pig iron (current value) which is

    US $480,000,000 PA in resource value whilst operational



    we have 232MT of indicated resource, with another 200+MT inferred and not reported in Rodney hoopers extensive report which means we have the potential to double the mines life when the time comes.


    LGTFM
    https://hotcopper.com.au/data/attachments/3259/3259316-de5661c3defedd5a20f1af1e46300c58.jpg
 
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