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MAGNETITE MINES LIMITED. - Discussion

6.59% ! 8.5¢
Market Cap $10.31M  !
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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8.5¢ 		Change
-0.006(6.59%) 		Mkt cap ! $10.31M
Open High Low Value Volume
9.0¢ 9.5¢ 8.3¢ $24.58K 280.8K

Buyers (Bids)

No. Vol. Price($)
1 133 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
9.2¢ 100000 1
View Market Depth
Last trade - 15.32pm 22/07/2025 (20 minute delay) ?
Last
8.3¢ 		  Change
-0.006 ( 9.78 %)
Open High Low Volume
9.1¢ 9.5¢ 8.3¢ 171468
Last updated 15.04pm 22/07/2025 ?
MGT (ASX) Chart

Top Stories

ASX Market Close: How a megadam in Tibet pushed us into the red

Good Afternoon and welcome to HotCopper’s market close for Tuesday, I’m Jon Davidson. It was looking like a good day early morning...
Resolution Minerals appoints industry experts to fast-track US growth strategy Resolution Minerals (ASX:RML) has brought two highly respected mining executives on board to guide the company as market-focused senior strategic advisors as RML looks to crack the U.S. critical minerals sector.Listen to the HotCopper podcast for in-depth discussions and insights on all the bigge...
Fletcher Building 'exploring options' around construction division sale Fletcher Building (ASX:FBU) is actively considering the sale of its under@performing construction division, including the Higgins, Brian Perry Civil, and Fletcher Construction Major Projects business units.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest he...
'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership Iron ore explorer Champion Iron (ASX:CIA) has spiked more than +4.2% in intra-day trade on Tuesday after signing a definitive framework agreement with Japan’s Nippon Steel Corporation and Sojitz Corporation to jointly develop the Kamistiatusset Iron Ore Project in Labrador, Canada...
Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist 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 29 epis...

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