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How Magnetite Mines’ Razorback Project Could Power Green Steel with 6.6 Billion Tonnes
9:40am on Friday 8th of August, 2025 AEST
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Mining
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How Magnetite Mines’ Razorback Project Could Power Green Steel with 6.6 Billion Tonnes
9:40am on Friday 8th of August, 2025 AEST
Key Points
6.6 billion tonnes mineral resource and 2 billion tonnes ore reserve
Strategic partnership negotiations with JFE Shoji Australia extended to end 2025
Mining Lease Proposal submitted and government assessment underway
Provisional patent filed for saline water flotation process to reduce water supply risks
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MAGNETITE MINES (ASX:MGT)
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