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
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· It’s the centrepiece of South Australian mining company Magnetite Mines’ green steel ambitions. The tenement the listed company controls contains about 2 billion tonnes of mineable ore, and mineral resources at about 3.2 billion tonnes. Razorback is untapped too. Though Magnetite Mines has owned the site since 2009, it won’t be until
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· Placement of approximately $1m at $0.0025c (a premium of 25% to yesterday’s close) Cyclone Metals Limited (ASX: CLE) (Cyclone or the Company) is pleased to announce the acquisition of Labrador Iron Pty Ltd (Labrador), 100% owner of the Block 103 Magnetite Iron Ore Project (Block 103, or the Project), located 30km northwest of
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3 · The latest Magnetite Mines Limited [MGT] news, articles, data and analysis from The Australian Financial Review
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MEDIA RELEASE: SOUTH AUSTRALIA’S GREEN IRON ADVANTAGE CONFIRMED. 2024-05-23 Media Release – South Australia’s Green Iron Advantage. Magnetite Mines Limited (ASX:MGT) welcomes the findings of the
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Magnetite Mines. 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 Estimate of 6 billion tonnes across a portfolio of tenements – all 100% owned – located approximately 240km
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· Key points. Iron oxide–apatite deposits can form from purely igneous (~1,000–800 °C), through late magmatic or magmatic–hydrothermal (~800–600 °C), to purely hydrothermal (<600 °C
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Special Report: Magnetite remains on track to complete the accelerated pre-feasibility study for its key Razorback iron ore project during the first half of this year. The PFS aims to narrow the scope of a potential mine development towards a single optimised go-forward case that could lead to shipping first ore as early as 2024. During […]
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:Magnetite Mines in AustraliaMagnetite Iron Ore Australia · It’s the centrepiece of South Australian mining company Magnetite Mines’ green steel ambitions. The tenement the listed company controls contains about 2 billion
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Discover Magnetite Mines' flagship Razorback Iron Ore Project, poised to produce high-grade and DR-grade iron ore for low-carbon and zero-carbon steel production. Owned by
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Explore Magnetite Mines' innovative mining projects, designed to produce high-grade iron ore for low-carbon and zero-carbon steel production. With substantial ore reserves and strategic locations in South Australia, our projects, including the flagship Razorback Iron Ore Project, are set to contribute to the global green steelmaking value chain. Discover how
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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
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:Magnetite Mines in AustraliaMagnetite Mines AsxMagnetite Iron Ore AustraliaMarra Mamba and channel iron deposits) can be economically upgraded to high-grade iron products in significant volumes. So the global steel industry faces a massive challenge – well over half of current global iron ore comes from the Pilbara, so if the traditional
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Iron ore company Magnetite Mines has obtained a new iron ore tenement after a competitive process run by South Australia’s Department for Energy and Mining. The award of the Muster Dam tenement to Magnetite Mines (ASX:MGT) adds to its existing Razorback high grade iron ore project also in South Australia’s Braemar iron formation. “We believe
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About Us | Magnetite Mines. Company Overview. The Company is developing its 100% owned Razorback Iron Ore Project located in South Australia’s Braemar Iron Formation with Stage 1 operations designed to produce 5Mtpa of magnetite concentrates, expandable to 10Mtpa. The global steel industry has committed to decarbonise steelmaking and the
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· In South Australia, Magnetite Mines (ASX:MGT) is looking to bump into global DRI demand with its Razorback project that’s gathering steam. The company says it’s receiving increasing interest from steelmakers, commodity traders and private equity groups to form a JV for the development of the project where it plans to produce 68.5%
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:Magnetite MinesRazorback Iron Ore Project · Magnetite Mines concluded that the study showed that the Razorback project has the potential to be a competitive operation that can produce high-grade
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By Lorna Nicholas-April 14, 2023. Elmore expects to ship about 30,000t of magnetite concentrate produced at Peko through the Port of Darwin early next week. Elmore (ASX: ELE) has reached “practical completion” of its purchase of the Peko iron ore project in the Northern Territory and will operate it as the full owner moving forward.
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3 · The latest Magnetite Mines Limited [MGT] news, articles, data and analysis from The Australian Financial Review Street Talk Iron ore play Magnetite Mines readies placement Listed resources play
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· Magnetite Mines. (ASX:MGT) Magnetite Mines Limited is an ASX listed company with its head office located in Adelaide, South Australia. Magnetite Mines Limited is a development-stage company advancing the Razorback High Grade Iron Ore Concentrate Project located in the Braemar, Australia’s emerging iron ore mining region.
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Magnetite Mines. 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 Estimate of 6 billion tonnes across a portfolio of tenements – all 100% owned – located approximately 240km
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:Magnetite Mines AsxRazorback Iron Ore Project · Magnetite is enabling a steel technology transition in South Australia. Liberty Steel announced on 4 March it would phase out its existing blast furnace at Whyalla Steelworks and build a new DRI-EAF.
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· With a CV forged over 35 years in the mining industry working on complex megaprojects in far-flung locations, Tim Dobson is an ideal fit to see out Magnetite Mines (ASX:MGT) ’ mission
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· Read the latest Progress Report news from Magnetite Mines Limited (ASX:MGT) . News IPOs Research for maiden Ore Reserve to support expansion to 10 million tonnes per year Ø Clear logistics pathway to
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· Magnetite is enabling a steel technology transition in South Australia. Liberty Steel announced on 4 March it would phase out its existing blast furnace at Whyalla Steelworks and build a new DRI
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· The Magnetite Mines board is planning to seek shareholder approval at the upcoming annual general meeting on November 23, 2022, to consolidate 50 existing shares into one share in a bid to
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· Australian iron ore mining company Magnetite Mines has completed a scoping study into the Razorback iron project in South Australia, confirming the company’s view that the project could be economical. The Razorback project is a magnetite iron ore project 100% owned by Magnetite Mines, located northeast of Adelaide, near the
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Magnetite Mines Ltd (ASX:MGT) has launched what it describes as a “bespoke sustainability platform for environmentally and socially responsible project delivery” in the form of ‘foresight’, a future-ready
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Special Report: Magnetite Mines is raising up $5.65m through a rights issue to accelerate pre-feasibility work on its 4-billion-tonne Razorback iron ore mine in South Australia. The rights issue for existing shareholders is partially underwritten by Mahe Capital to the tune of $4m, which company director Mark Eames says gives shareholders some extra surety
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OresomeResources-Queensland Resources Council-Minerals and Energy Education T (07) 3295 9560 F (07) 3295 9570 Level 13 133 Mary St Brisbane, Queensland 4000 – www.oresomeresources.com Magnetite Magnetite (Fe3O4), like hematite (Fe2O3), is a
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