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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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NEWS World’s largest pollucite-hosted caesium pegmatite resource defined
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NEWS The Japan Organization for Metals and Energy Security joins the Speewah fluorite project
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NEWS Cangallo drilling returns wide copper intercepts
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NEWS Access the latest ASX news here
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Last
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

Resolution Minerals appoints industry experts to fast-track US growth strategy

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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...

Featured News

NEWS World’s largest pollucite-hosted caesium pegmatite resource defined
right-arrow Created with Sketch.
NEWS Peregrine Gold discovers high grade channel iron deposit at Newman gold project, WA
right-arrow Created with Sketch.
NEWS The Japan Organization for Metals and Energy Security joins the Speewah fluorite project
right-arrow Created with Sketch.
NEWS Cangallo drilling returns wide copper intercepts
right-arrow Created with Sketch.
NEWS Access the latest ASX news here
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NEWS Nyrada completes final dosing in Xolatryp Phase I clinical trial
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