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MGT

MAGNETITE MINES LIMITED.

20.8% ! 9.5¢
Market Cap $11.64M  !

Magnetite Mines Limited is an Australia-based iron ore company. The Company is focused on... Magnetite Mines Limited is an Australia-based iron ore company. The Company is focused on the development of magnetite iron ore resources in the highly prospective Braemar iron region of South Australia. Its projects include Razorback Iron Ore Project and Muster Dam Iron Ore Project. The Razorback Iron Ore Project is a magnetite iron ore deposit capable of producing a high-grade iron ore concentrate product for use in steel production. The Project is situated approximately 45 kilometers (km) from open-user rail, 120 km from the power grid and 200 km to existing deep water ports. The Project consists of two magnetite iron ore deposits, the Razorback and the Ironback Hill deposits. The Muster Dam Iron Ore Project is hosted by the same Braemar Iron Formation as the Razorback Iron Ore Project. The Project is located approximately 110 km to the northeast of Razorback. The Company has a total mineral resource of six billion tons of iron ore located approximately 240 km from Adelaide.More

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MGT 17:16 40 9.5K
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MGT
Magnetite Mines pops +150% in morning trades as REE system hit at Ironback
19/08/25 0 241
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MGT 15/08/25 0 249
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Timeline

Update - Proposed issue of securities - MGT
20 Aug 10:51
 
Supplementary Prospectus
20 Aug 10:08
 
Update on Renounceable Rights Issue to Raise $2.65 Mn
20 Aug 10:02
 
Application for quotation of securities - MGT
19 Aug 18:02
 
Rare Earths Mineralisation Identified at Ironback Hill
19 Aug 08:47
 
Results of EGM
15 Aug 14:48
 
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(20min delay)
Last
9.5¢
Change
-0.025(20.8%)
Mkt cap ! $11.64M
Open High Low Value Volume
11.5¢ 12.0¢ 9.0¢ $184.8K 1.828M

Buyers (Bids)

No. Vol. Price($)
1 34739 9.4¢
 

Sellers (Offers)

Price($) Vol. No.
9.6¢ 4607 1
View Market Depth
Last trade - 16.10pm 20/08/2025 (20 minute delay) ?
Last
9.7¢
  Change
-0.025 ( 15.9 %)
Open High Low Volume
10.5¢ 11.5¢ 9.1¢ 570927
Last updated 15.57pm 20/08/2025 ?
MGT (ASX) Chart
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