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Magnetite Mines' Razorback project to contribute $31 billion to South Australian economy

Magnetite Mines' Razorback project to contribute $31 billion to South Australian economy

Magnetite Mines Ltd (ASX:MGT) CEO Tim Dobson discusses with Proactive the findings of a report by BDO EconSearch into the economic impacts for South Australia from the company’s Razorback Iron Ore Project. It confirms a $31 billion contribution to the state economy over 30 years as well as extensive employment opportunities.

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