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MAGNETITE MINES LIMITED. - Discussion

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Steel Steel

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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Last
17.5¢ 		Change
-0.010(5.41%) 		Mkt cap ! $20.18M
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18.5¢ 18.5¢ 17.5¢ $8.693K 48.13K

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No. Vol. Price($)
3 69872 17.5¢
 

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Price($) Vol. No.
18.0¢ 54915 1
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Last trade - 15.34pm 10/10/2024 (20 minute delay) ?
Last
18.0¢ 		  Change
-0.010 ( 2.70 %)
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18.0¢ 18.0¢ 18.0¢ 10160
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Court process clears way for ARB to buy up 4 Wheel Parts business in the US ARB Corporation Ltd has taken a step closer to acquiring the 4 Wheel Parts assets of Hoonigans - through its US subsidiary ORW USA Inc
Issues emerging as Australian companies tackle critical minerals challenge Most critical minerals deposits with higher grades have been discovered & mined - or are being mined. With the Critical Minerals & Energy Investment Conference around the corner, we look at what that means for companies in 2024 & beyond.

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NEWS High-grade rare earth and titanium discoveries confirmed from maiden RC drilling at Mata da Corda, highlighting significant exploration potential
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NEWS Strong operational performance drives third consecutive quarter of cash and bullion growth
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NEWS Drilling begins at Rafael Shallow 1, marking a key step forward for the joint venture in the Canning Basin
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MTL RC Drilling has commenced at Roberts Hill and Mt Berghaus
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NEWS Drilling to kick off at high-priority Bara Creek Prospect, targeting a promising epithermal system near the Bowdens Silver Project