March 13 (Reuters) - Magnetite Mines Ltd MGT.AX
* LOI for 1 million tpy magnetite pellet fines
* Signing of sale and purchasing loi between south australian magnetite consortium and globally significant Non-Chinese Steel Maker
* Discussions continue with steel makers in China, Japan, Korea, Middle East And North Africa Source text for Eikon: ID:nASX8D4Vyp Further company coverage: MGT.AX