Magnetite Mines Limited (ASX:MGT)
0.0130
-0.0010 (-7.14%)
Oct 19, 2026, 3:02 PM AEST
Magnetite Mines Company Description
Magnetite Mines Limited engages in the exploration of mineral properties in South Australia.
The company explores for iron, rare earth element, silver, copper, and gold. Its flagship project is the Razorback Iron Ore project comprising of the Razorback and Iron Peak deposits located in Adelaide, South Australia.
The company was formerly known as Royal Resources Limited and changed its name to Magnetite Mines Limited in December 2015.
Magnetite Mines Limited was incorporated in 2004 and is based in Adelaide, Australia.
Magnetite Mines Limited

| Country | Australia |
| Founded | 2004 |
| Industry | Other Industrial Metals & Mining |
| Sector | Materials |
| CEO | Scott Lowe |
Contact Details
Address: 30 Currie Street Adelaide, SA 5000 Australia | |
| Phone | 61 8 8427 0516 |
| Website | magnetitemines.com |
Stock Details
| Ticker Symbol | MGT |
| Exchange | Australian Securities Exchange |
| Fiscal Year | July - June |
| Reporting Currency | AUD |
| ISIN Number | AU000000MGT5 |
| SIC Code | 1000 |
Key Executives
| Name | Position |
|---|---|
| Scott Frederick Lowe Dip., Gard., MAICD, MBA, NSW | MD and Executive Chair of the Board |
| Inthu Siva A.C.M.A., AGIA, C.P.A., CGMA | Company Secretary and Financial Controller |
| Gemma Brosnan | Director of External Affairs |