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Can Magnetite Mines’ Razorback Project Unlock Green Steel’s Future?
11:21am on Monday 30th of June, 2025 AEST
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Mining
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Can Magnetite Mines’ Razorback Project Unlock Green Steel’s Future?
11:21am on Monday 30th of June, 2025 AEST
Key Points
Razorback Mineral Resource Estimate rises from 3.2 to 3.8 billion tonnes
Ongoing negotiations with JFE Shoji Australia and a second strategic partner
Positive initial saline water flotation testwork for Direct Reduction-grade concentrates
Mining Lease Proposal assessment nearing completion with no material issues
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Magnetite Mines (ASX:MGT)
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