Company Magnetite Mines Limited Australian S.E.

Equities

MGT

AU000000ROY8

Diversified Mining

End-of-day quote Australian S.E. 5-day change 1st Jan Change
- AUD -.--% Intraday chart for Magnetite Mines Limited -.--% -.--%

Business Summary

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.

Managers

Managers TitleAgeSince
Chief Executive Officer - 22-08-22
Director of Finance/CFO 51 23-08-31
Director/Board Member - 15-12-16
Comptroller/Controller/Auditor - 09-12-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Chairman 70 22-01-11
Director/Board Member 64 22-06-01
Director/Board Member - 15-12-16
Director/Board Member - 22-01-11
Director/Board Member 58 23-01-24

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 98,434,525 82,464,403 ( 83.78 %) 0 83.78 %

Shareholders

NameEquities%Valuation
Mark Eames
1.332 %
1,310,909 1.332 % 229 829 $
Rookharp Capital Pty Ltd.
1.236 %
1,216,290 1.236 % 213 240 $
Kun Liu
1.109 %
1,091,848 1.109 % 191 423 $
1,044,437 1.061 % 183 111 $
Mango Bay Enterprises, Inc.
0.9281 %
913,535 0.9281 % 160 161 $
Michael
0.8984 %
884,330 0.8984 % 155 041 $
676,923 0.6877 % 118 678 $
Chetan Enterprises Pty Ltd.
0.6178 %
608,145 0.6178 % 106 620 $
Arvada Pty Ltd.
0.5375 %
529,086 0.5375 % 92 759 $
Nakanishi Metal Works Co., Ltd.
0.5148 %
506,788 0.5148 % 88 850 $

Company contact information

Magnetite Mines Ltd.

30 Currie Street Suite 3, Level 3

5000, Adelaide

+

http://www.magnetitemines.com
address Magnetite Mines Limited(MGT)
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