A Full Permitted Iron Ore Mine. Shovel ready!

Using Biomass to make Green Steel Products

High Energy Local Biochar Advantages


Magnum Mining and Exploration Limited is an Australia-based company (ASX: MGU), which is engaged in mineral exploration and project development.

The Company's exciting Buena Vista Magnetite Iron Ore Project is in the US State of Nevada.

Business case being evaluated of a staged approach for low capex iron ore export then followed by green HBI and pig iron production.

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About MGU

Magnum is to become a leading USA Green Steel company

  • Strategic Location in Nevada, USA
  • First Mover Advantage - only green steal project in West Coast USA
  • Exclusive Large Scale Supply of Green inputs
  • Critical ingredients for for High quality Carbon Neutral Steel products
  • All local raw materials
  • Agreement executed to market green steel products

Why Invest

Magnum Mining and Exploration Limited is listed on the Australian Stock Exchange (ASX:MGU)

  • The Buena Vista Project potential cash flow opportunity 2021
  • Magnum is to become a leading USA iron ore exporter & green steel company.




Allegiance is committed to the development of sustainable working relationships with indigenous peoples with whom the company is engaged in relation to its projects.

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