Macarthur Minerals Ltd (ASX:MIO) is an iron ore development, gold and lithium exploration company focused on bringing to production its Western Australia iron ore projects.
The core focus remains on delivering a high-grade, low-impurity magnetite fines product, targeting Asian steel mills focused on producing high-quality steel products, enhanced furnace efficiencies, reduced consumption of coking coal and improved environment emissions standards.
Iron ore is a critical ingredient in the manufacture of steel