Magnum Mining and Exploration Limited is listed on the Australian Securities Exchange (ASX:MGU).
Magnum’s main focus is the Buena Vista Magnetite and HIsmelt Green Pig Iron Project, located in Nevada in the United States.
Magnum is also developing the Appalachian Iron HIsmelt Green Pig Iron Project, located in West Viriginia in the United States.
Magnum is now focused on funding the definitive feasibility studies and looking at off-take arrangements for its product for both projects. These projects will unlock the significant value of the Buena Vista resource, and supply a high value green product to the US steel industry.