Magnetite Mines Limited
Metals/Mining - , , AU
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Magnetite Mines Limited Details
Magnetite Mines is an ASX-listed iron ore company focused on the development of magnetite iron ore resources in the highly-prospective Braemar iron region of South Australia. The Company has a total mineral resource of 5.7 billion tonnes of iron ore located 240km from Adelaide – 100% owned by Magnetite Mines.
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Magnetite Mines Limited is an ASX-listed iron ore company focused on the development of magnetite iron ore resources in the highly-prospective Braemar iron region of South Australia. The company has a total mineral resource of 5.7 billion tonnes of iron ore located 240km from Adelaide, which is 100% owned by Magnetite Mines. With a team of experienced executives, including Stephen Weir, Chief Executive Officer, and Ian Kirkham, CFO, the company is well-positioned to capitalize on the growing demand for iron ore. The company's focus on magnetite iron ore, a type of iron ore that is highly sought after for its high-quality and low impurities, sets it apart from other mining companies. Magnetite Mines' commitment to sustainable and responsible mining practices, as well as its dedication to working closely with local communities, is evident in its approach to resource development. With a strong vision for the future and a solid foundation in place, Magnetite Mines Limited is poised for success in the metals and mining industry.
Magnetite Mines is a company that is listed on the Australian stock exchange (ASX) and is focused on developing iron ore resources in South Australia. They have a lot of iron ore, 5.7 billion tonnes, in a place called the Braemar iron region, which is known for having a lot of iron ore. The company owns all of the iron ore, 100%, and it's located 240km from Adelaide.