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MAGNETITE MINES LIMITED. - Discussion

8.24% ! 7.8¢
Market Cap $9.439M  !
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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Healthcare SECTOR NEWS

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Last
7.8¢ 		Change
-0.007(8.24%) 		Mkt cap ! $9.439M
Open High Low Value Volume
8.1¢ 8.1¢ 7.8¢ $13.25K 167.8K

Buyers (Bids)

No. Vol. Price($)
2 52473 7.6¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 13607 1
View Market Depth
Last trade - 15.37pm 26/06/2025 (20 minute delay) ?
MGT (ASX) Chart

Top Stories

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Geopolitical conflicts and trade restrictions are making it increasingly difficult to source critical raw materials. Western companies in the high-tech and defense sectors are particularly struggling with scarce supplies and increasingly stringent export controls. With NATO’s new ...
ASX Market Close: Index creeps lower as half-year mark approaches | June 26 The ASX200 traded flat yet again today, closely mimicking Wall Street.IT was heavily sold off in intra-day trade, followed by Real Estate and Industrials. Health Care and Financials were the only sectors substantially in the green.In the GreenParadigm Biopharmaceuticals (ASX:PAR) jumped higher on...
Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back Welcome to this week’s HotCopperWire, our market watch podcast! Each week, HotCopper’s senior markets reporter Jonathon Davidson and I take you through the week’s biggest news headlines @ and what they mean for Oz investors.In this Week 26 epis...
Australia’s gas crisis is here – and dying coal plants aren’t helping  The east coast of Australia is facing a looming gas shortage crisis. Just last week, the Australian state of Victoria...
'Not possible' to port renewable gas: ACCC takes AGN to court It's not just ASIC that has turned its focus to greenwashing in recent history. As pat of an existing greenwashing sting...

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