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MAGNETITE MINES LIMITED. - Discussion

0.44% ! 6.9¢
Market Cap $8.456M  !
Metals & Mining Industrial Metals & Minerals
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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

Magnetite Mines Limited.

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6.9¢ 		Change
0.000(0.44%) 		Mkt cap ! $8.456M
Open High Low Value Volume
7.0¢ 7.1¢ 6.8¢ $10.75K 154.8K

Buyers (Bids)

No. Vol. Price($)
1 2221 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 38000 1
View Market Depth
Last trade - 16.10pm 12/08/2025 (20 minute delay) ?
MGT (ASX) Chart

Top Stories

Lithium Universe up on silver extraction IP as solar recycling pivot grows

Lithium Universe (ASX:LU7) has popped over +20% on low volumes in afternoon trades as the company acquires the rights to...
Recce eyes US Defence grants with early data for R327 on burn wounds Recce Pharma (ASX:RCE) has notched modest gains in the Tuesday arvo session after reporting its R327 anti-infective gel...
Market Close: XJO hits new ATH @ 8,880pts on RBA cut – is 9000 by EOY too low? Good Afternoon and welcome to HotCopper's Market Close for Tuesday 12th of August, I'm Jonathon Davidson...
RBA cuts interest rate to 3.6% – third cut of 2025; expect real estate stock strength The Reserve Bank of Australia (RBA) has cut interest rates down under for the third time this year, a move that...
Tuesday's HotCopper trends: Trigg trading halt, Sayona-Piedmont delay | Aug 12 Catching the most attention on Tuesday has been Trigg Minerals (ASX:TMG), with the Australian explorer pulling the brakes before open. That stop comes before its exploration results, which will be interesting reading.Listen to the HotCopper podcast for in-depth discussions and insights on all the...

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