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.

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 |