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Magnetite Mines to significantly increase scale of its flagship Razorback Iron Ore Project

Magnetite Mines to significantly increase scale of its flagship Razorback Iron Ore Project

Magnetite Mines (ASX:MGT) Ltd CEO Tim Dobson speaks with Proactive’s Andrew Scott about the company’s Razorback Iron Ore Project and its ‘green steel’ transition. As the world calls for high quality iron ore supply to meet the needs of the steelmaking industry, Magnetite is increasing the scale of its flagship Razorback Project to meet accelerating market demand for premium iron ore products. The company is increasing the scale of the initial development to at least 5 million tonnes per annum, undertaking optimisation studies and will refocus its DFS.

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