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Magnetite Mines Ltd

RRSXF:PKC

Magnetite Mines Ltd

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Basic MaterialsIndustrial Metals and Mining
  • Price (USD)0.00
  • Today's Change0.00 / 0.00%
  • Shares traded0.00
  • 1 Year change--
  • Beta--
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About the company

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.

  • Revenue in AUD (TTM)460.08k
  • Net income in AUD-5.24m
  • Incorporated2004
  • Employees--
  • Location
    Magnetite Mines Ltd1st floor, 22 Greenhill Road, WayvilleADELAIDE 5034AustraliaAUS
  • Phone+61 88427-0516
  • Fax+61 88427-0515
  • Websitehttps://www.magnetitemines.com/
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