Company
Magnetite Mines Ltd
ASX:MGT
Magnetite Mines is an Australian iron ore company focused on the development of magnetite iron ore resources in the highly prospective Braemar Iron Region of South Australia. The company holds a 100%-owned Mineral Resource of 6.6 billion tonnes and is advancing its flagship Razorback Iron Ore Project, located approximately 240 kilometres northeast of Adelaide.
56 stories · page 3 of 3
Magnetite Mines delivers 1.55 billion tonnes at 18.7% iron resource at Muster Dam; global resource up to 5.74 billion tonnes
The project shares potential synergies with the company's nearby flagship Razorback Iron Ore Project in both physical and chemical characteristics.
Magnetite Mines CEO Tim Dobson provides an update on Razorback Project progress
Dobson talked about the company’s strategy to increase the planned production scale at Razorback to at least 5 million tonnes per annum.
Magnetite Mines' Razorback project garners plenty of attention in line with shift to 'green steel'
Discussions with potential strategic partners and customers had shed light on the rapidly increasing demand for high-grade magnetite concentrate products in the next five to 15 years but a less than clear response from the supply side to me
Unlocking South Australia’s world-class iron ore potential: Magnetite Mines
A mixture of technical smarts, a passion for travel and a knack for big-picture planning has guided Tim Dobson from humble, working-class beginnings in regional Victoria to exotic and remote locations, bringing billion-dollar projects to li
Magnetite Mines plans to more than double iron ore output at Razorback to meet growing demand
“In raising its sights, the company is responding to direct evidence of rapidly evolving market conditions associated with the decarbonisation requirements of the iron and steelmaking industry," said new chief executive officer Tim Dobson.
Magnetite Mines in an ASX trading halt
The halt will remain in place until Thursday 16th March 2017.