Magontec Limited (ASX:MGL)
Australia flag Australia · Delayed Price · Currency is AUD
0.2150
-0.0050 (-2.27%)
Apr 28, 2025, 4:10 PM AEST

Magontec Company Description

Magontec Limited, together with its subsidiaries, researches, develops, manufactures, and sells generic and specialist magnesium alloys in Australia, Europe, China, North America, and internationally.

The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, and S-Patron intelligent measuring and control systems.

Its CCP products are used in water storage vessels. The company also recycles magnesium alloys.

The company serves automotive, aerospace, power tools, die casting, defense, and steel industries, as well as HVAC & plumbing industry and wholesale; and offers consulting services to companies, organisations, and institutions.

Magontec Limited was formerly known as Advanced Magnesium Limited and changed its name to Magontec Limited in November 2011.

The company was founded in 1953 and is headquartered in Sydney, Australia.

Magontec Limited
Magontec logo
Country Australia
Founded 1953
Industry Other Industrial Metals & Mining
Sector Materials
Employees 339
CEO Nicholas Andrews

Contact Details

Address:
139 Macquarie Street
Sydney, 2000
Australia
Phone 61 2 8084 7813
Website magontec.com

Stock Details

Ticker Symbol MGL
Exchange Australian Securities Exchange
Fiscal Year January - December
Reporting Currency AUD
ISIN Number AU000000MGL2
SIC Code 3350

Key Executives

Name Position
Nicholas William Andrews B Ec.(Syd), B.E., MAICD, MSDIA Executive Chairman and Chief Executive
Derryn Chin B Com (UNSW), B.Com., C.A., C.F.A., CA Chief Financial Officer
Christoph Klein-Schmeink President of Magontec Europe, North America and Middle East
Xunyou Tong President of Magontec Asia
Joel Forwood Manager of Investor Relations
Patrick Look Vice President of Finance and Human Resources
Dean Taylor Company Secretary