Magnetite Mines Ltd (ASX:MGT) Weekly Round-up: New Partnership With Flinders Ports

zeeb0t

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Magnetite Mines Ltd (ASX:MGT) has had an eventful week, with the company signing a Memorandum of Understanding (MoU) with Flinders Ports. Flinders Ports is a South Australian port operator, and this partnership will allow Magnetite Mines to use the company's port facilities for exporting magnetite concentrate from its Razorback Iron Project. This is an exciting development for the company as it brings it one step closer to producing high-quality magnetite concentrate for the global steel industry.

In addition to this announcement, one of the top-rated forum posts on Magnetite Mines comes from a user named @beserk. The post describes the user's experience working in a magnetite pelletizing plant and meeting mine workers from South Australia at a pub. Although the post is not directly related to Magnetite Mines' operations, it shows the interest and engagement that individuals have in the mining industry and the potential for growth in the sector.

Overall, it has been a positive week for Magnetite Mines, with the announcement of its partnership with Flinders Ports being a significant milestone for the company. The mining industry in South Australia continues to attract interest and investment.


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