Company Magnetite Mines Limited

MGT

AU000000MGT5

Diversified Mining

Business Summary

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sector Integrated Mining

Market Closed - Australian S.E. Other stock markets 07:10:15 07/05/2024 BST			5-day change	1st Jan Change
0.29 ^AUD	-9.38%		+7.41%	-6.45%

03-08	Magnetite Mines Limited Reports Earnings Results for the Half Year Ended December 31, 2023	CI
02-13	Magnetite Mines Signs MoU to Position Port Pirie as Green Iron Production Hub	MT

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	Title	Age	Since
Tim Dobson CEO	Chief Executive Officer	-	22/08/22
Simon Smith DFI	Director of Finance/CFO	51	31/08/23
Peter Schubert BRD	Director/Board Member	-	16/12/15
Inthu Siva AUD	Comptroller/Controller/Auditor	-	31/12/09
Trevor Thomas PRN	Corporate Officer/Principal	-	-

Members of the board	Title	Age	Since
Jim McKerlie CHM	Chairman	70	11/01/22
Simon Wandke BRD	Director/Board Member	64	01/06/22
Peter Schubert BRD	Director/Board Member	-	16/12/15
Paul M. White BRD	Director/Board Member	-	11/01/22
Carmen Letton BRD	Director/Board Member	58	24/01/23

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	98,434,525	82,464,403 ( 83.78 %)	0	83.78 %

Name	Equities	%	Valuation
Mark Eames 1.332 %	1,310,909	1.332 %	222 356 $
Rookharp Capital Pty Ltd. 1.236 %	1,216,290	1.236 %	206 307 $
Kun Liu 1.109 %	1,091,848	1.109 %	185 199 $
Siat Yoon Chin 1.061 %	1,044,437	1.061 %	177 157 $
Mango Bay Enterprises, Inc. 0.9281 %	913,535	0.9281 %	154 954 $
Michael 0.8984 %	884,330	0.8984 %	150 000 $
Terrence Chivers 0.6877 %	676,923	0.6877 %	114 820 $
Chetan Enterprises Pty Ltd. 0.6178 %	608,145	0.6178 %	103 154 $
Arvada Pty Ltd. 0.5375 %	529,086	0.5375 %	89 744 $
Nakanishi Metal Works Co., Ltd. 0.5148 %	506,788	0.5148 %	85 961 $

Magnetite Mines Ltd.

30 Currie Street Suite 3, Level 3

5000, Adelaide

http://www.magnetitemines.com

Basic Materials

Mineral Resources

Metals & Mining

Diversified Mining

Integrated Mining

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