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Buena Vista Magnetite Project
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Buena Vista Magnetite Project
Appalachian Iron
Mining
Geology
Metallurgy
JORC 2012 Mineral Resource Estimate
Steel Making
Iron Ore
Green Pig Iron
Green Hydrogen
Magnum accelerating green hydrogen/biomass to make green steel products
MGU signed an agreement with AVF Energy LLC to build and fund a green hydrogen plant on site at the magnum facility.
AVF uses landfill waste for hydrogen generation. Landfills are third largest source of greenhouse gas emissions.
Green hydrogen will help to replace carbon as reagent for iron ore reduction
AVF to fully fund the green hydrogen plant and also provide magnum with a 10% discount to market rates.
*AVF is very active in the green hydrogen market having executed MOU agreement with NYSE listed dominion energy (d) (U$62 billion diversified utility holding company with electrical assets/operations and natural gas assets/operations in 16 states) for a green hydrogen production project in the USA.
