Magnum Mining and Exploration Limited is listed on the Australian Securities Exchange (ASX:MGU). Magnum's current focus is on the Gravelotte Emerald Project.
Join us with $MGU @MagnumMiningASX MD, Dano Chan, at the Free @broker_briefing Investor Webinar for an update on their Buena Vista Magnetite Iron Ore Project in Nevada ๐บ๐ธ
๐ 28 Apr '22
โ๏ธ 12:00 pm AEST | 10:00 am AWST
๐ Zoom
REGISTER ๐
https://t.co/ivZGjjwujq
$MGU
Magnum green pig iron. First producer in the USA. No Russia and Ukraine imports available, massive pig iron shortage in the USA now. Magnum is best located to fill the gap. โ๏ธ
#biddingwar#ASX-ESG-Real-Deal
#commoditiesboom
@Ciarancassidy10 Carbon - High carbon content helps this material melt quickly, offsets need for charge carbon, and gives a nice late carbon โboilโ when melting that helps reduce nitrogen and hydrogen in the EAF bath.
Sulphur - Biochar has no sulphur.
@Ciarancassidy10 Silica - Due to low ash content of biochar, MGU pig iron has the lowest Si content. This will require less lime stone addition in EAF smelting hence saving energy and slag volume.
$MGU Magnum Buena Vista has full access to enormous magnetic iron ore resources in the mineral district
The only fully permitted and operating iron ore company in the area.
Working closely with Union Pacific on both interim manifest rail freight and unit train operation.๐
$MGU are going mining shareholders
Magnum has selected our equipment supplier in the USA with the right crushers to produce a 62-64pct iron ore fines.
The iron ore fines is for supply to Anglo American as per Magnum mandate with Anglo.
$MGU
Magnum is proceeding with mining as planned.
Magnum is in the process of selecting iron ore processing equipment for its upcoming iron ore production. Discussions around Anglo have been very well received.
$MGU Green Iron production focused strategy for development and growth
โwe remain very excited by this opportunity to be an industry leader in the production of green ironโ
From SimplyWallSt " Insider Buying: The Magnum Mining and Exploration Limited (ASX:MGU) Non-Executive Director Just Bought AU$250k Worth Of Shares - Simply Wall St " published 10/8/2021 $MGU
https://t.co/PUO7ZA9JaW
$MGU
Samuel Engineering is selected for stage two (magnetic Fe production). Great to see that they have done (or are in process of) another magnetic Fe project in Utah
https://t.co/lit0Lavd7l
$MGU
Project on track and progressing as planned, โข Major milestones achieved,
โข Mining Plan received from SRK.
The only high grade ore from West Coast USA.
Anglo understands the value of this unique project and is very actively engaged.โ๏ธ
$MGU
Buena Vista Mining Pit design visit with SRK. Our in-house geologist Thomas Knoch, has worked on BV for over 10years. He is excited to see BV realizing itโs full potential to the world.