MagnetiteMines

Advancing both the Razorback and Muster Dam high grade iron ore concentrate projects - 100% MGT owned (ASX: $MGT) #ironore #Grade #SouthAustralia

[MagnetiteMines @MagnetiteMines]

Today we announced a leadership transition and strategic reset to position the Company for its next phase of development.

Highlights include:
• Scott Lowe appointed CEO & Managing Director
• A more capital-efficient development pathway for Razorback
• Increased focus on critical minerals opportunities
• Further cost reduction initiatives to strengthen the Company’s funding position

Full announcement https://t.co/JuwGFIXtAo
#Magnetite #MGT #ASX #IronOre #GreenIron #GreenSteel #CriticalMinerals #SouthAustralia

[MagnetiteMines @MagnetiteMines]

We’re continuing to build momentum at our Razorback Iron Ore Project following the recent award of Major Project Status.

As part of the next phase, we’ve appointed GC Partners Asia to support engagement with potential strategic investors and offtake partners in China, a key market for high-grade iron ore as the steel sector moves toward lower-emissions production.

This work is focused on advancing funding pathways for our Definitive Feasibility Study and progressing Razorback toward development.

Full announcement: https://t.co/LSoqLsNSg0

#ASX #MiningNews #Magnetite #Decarbonisation #Razorback #China #Steel

[MagnetiteMines @MagnetiteMines]

MD Tim Dobson shares key highlights from the March quarter

▪ High-grade silver and copper results at the Mutooroo Ridge Project

▪ REE drilling underway at Ironback Hill

▪ Major Project Status awarded to the Razorback Iron Ore Project

▪ Advancement of the Port Pirie export pathway through Green Iron SA

▪ Continued momentum in strategic partnering

Full announcement: https://t.co/DvoeXWDVu8
#ASXNews #Magnetite #GreenIron #GreenSteel #SouthAustralia #CriticalMinerals #RareEarths #Copper #Gold

[MagnetiteMines @MagnetiteMines]

Drilling has now commenced at our Ironback Hill REE Project in South Australia, following recent weather-related access delays.

This program marks the next step in advancing our understanding of near-surface, clay-hosted rare earth mineralisation. Drilling will target extensions along key drainage systems and generate samples to support ongoing geological and metallurgical work.

Importantly, this is a disciplined, capital-light program aligned with our broader multi-commodity strategy, while our flagship Razorback Iron Ore Project continues to advance.

We look forward to updating the market as results come through.

Full announcement: https://t.co/KwRNbnAl2X

#ASXNews  #MiningNews #RareEarths #Exploration #Drilling #SouthAustralia #MiningNews #CriticalMinerals

[MagnetiteMines @MagnetiteMines]

Our MD Tim Dobson recently spoke with https://t.co/cO6OPj0i0K about Magnetite Mines’ dual approach to value creation https://t.co/Tkv2ttGjm3

With Major Project Status now granted to the Razorback Iron Ore Project, we are advancing one of Australia’s most significant undeveloped magnetite projects, supported at both state and federal levels.

At the same time, we’re unlocking further potential across our vast 2,453 km² South Australian tenement portfolio—targeting critical minerals, gold, copper, silver and rare earths to drive additional shareholder value.

#MagnetiteMines #Razorback #IronOre #GreenIron #CriticalMinerals #Exploration #Mining #SouthAustralia

[MagnetiteMines @MagnetiteMines]

Magnetite Mines is pleased to announce the continued progress of the Port Pirie Iron Ore Export Concept in collaboration with Green Iron SA, a pioneering consortium comprised of Magnetite Mines, Aurizon Holdings, Flinders Port Holdings, GHD, and CSL Australia. The consortium’s project begins with fast-tracking the development of the Razorback Iron Ore Project, creating a secure supply of high-purity magnetite, a feedstock critical to the production of green iron. The project will then progress to the production of direct reduction (DR) grade pellets and ultimately pave the way for the manufacturing and export of direct reduced iron (DRI) in the form of Hot Briquetted Iron (HBI) from the established industrial city of Port Pirie.

Key Highlights:
Port Pirie Export Pathway Clarified: A high-level engineering assessment of Port Pirie's existing infrastructure and logistics options by Green Iron SA has outlined a potential iron ore export configuration from train arrival through to ship loading at Flinders Ports’ Berth 7.

Leverages Existing Infrastructure: The concept intentionally makes the best use of existing industrial land, port precinct infrastructure, and transport corridors, consistent with the consortium’s objective of enabling iron ore concentrate export as a precursor to downstream pellet and/or green iron production.

Designed to Limit Community Impacts: The proposed configuration prioritises measures to reduce dust and noise impacts and to minimize vehicle-rail interface impacts, including transport corridor selection, covered storage, and a sealed conveyor system.

Consortium Alignment: All Green Iron SA consortium members support the continued advancement of the Port Pirie export concept, subject to further technical and economic modelling, approvals, and stakeholder engagement.

Full announcement: https://t.co/wRch6dj0QK

#ASX #Mining #GreenIron #GreenSteel #GreenIronSA #PortPirie #IronOreExport #SouthAustralia

[MagnetiteMines @MagnetiteMines]

Magnetite Mines is pleased to announce the grant of Exploration Licence 7106 for the Manna Hill Gold Project in South Australia, located approximately 100km from our Razorback Iron Ore Project. This marks an important step in our multi-commodity exploration strategy.

𝗛𝗶𝘀𝘁𝗼𝗿𝗶𝗰 𝗴𝗼𝗹𝗱 𝘄𝗼𝗿𝗸𝗶𝗻𝗴𝘀 𝗽𝗿𝗲𝘀𝗲𝗻𝘁: Historical government records indicate past small-scale gold workings within the licence area.

𝗨𝗻𝗱𝗲𝗿𝗲𝘅𝗽𝗹𝗼𝗿𝗲𝗱 𝘁𝗼 𝗱𝗮𝘁𝗲: The project has seen limited modern exploration, with much of the historical work focused on shallow targets.

𝗚𝗼𝗹𝗱 𝗽𝗿𝗶𝗰𝗲 𝗯𝗮𝗰𝗸𝗱𝗿𝗼𝗽: Strong gold prices support the Company’s reassessment of the exploration opportunity.

𝗡𝗲𝘅𝘁 𝘀𝘁𝗲𝗽𝘀: The Company will commence a staged review program, including data compilation, site access approvals, and field verification.
Tim Dobson, Managing Director, shares more in his video update. 🎥

View Full Announcement: https://t.co/SKAl9kL7VH

#ASX #Mining #GoldExploration #SouthAustralia #ResourceDevelopment

[MagnetiteMines @MagnetiteMines]

Magnetite Mines has today announced high-grade silver and copper results from Mutooroo Ridge, with re-assays of historic drill core returning more than 60g/t silver and up to 2.8% copper.

The results highlight the growing critical minerals potential across Magnetite Mines’ South Australian exploration portfolio, complementing continued progress at the Company’s flagship Razorback Iron Ore Project.

In this video update, Managing Director Tim Dobson discusses the significance of the results and what they could mean for the Company’s broader exploration strategy.

View announcement: https://t.co/xRDJpy1o3B

#Copper #Silver #CriticalMinerals #Exploration #SouthAustralia #Mining #ASX

[MagnetiteMines @MagnetiteMines]

Join us today at Mining News Select Sydney 2026, where Managing Director Tim Dobson will present an update on our flagship Razorback Iron Ore Project and broader growth strategy.

🎥 https://t.co/RbDMDyr0zD

Watch Tim’s recent interview with MiningNews ahead of today’s presentation

🗓 Tuesday, 10 March 2026
⏰ 12:20pm – 12:35pm
📍 Sydney Masonic Centre

Tim will discuss recent progress at Razorback, including Major Project Status, project approvals, strategic partnerships and infrastructure planning.

He will also provide an update on our expanding multi-commodity exploration program, targeting rare earth elements, copper, silver and gold across the Company’s extensive South Australian tenement portfolio.

If you’re at MiningNews Select today, visit our booth to meet the team and learn more about Razorback and our exploration program.

#MagnetiteMines #ASX #MGT #MiningNewsSelect #IronOre #CriticalMinerals #Exploration #MNSSydney

[MagnetiteMines @MagnetiteMines]

We’re pleased to share that Managing Director Tim Dobson will be presenting at MiningNews Select Sydney 2026.

🗓️ Tuesday, 10 March 2026
⏰ 12:20pm – 12:35pm
📍 Sydney Masonic Centre

Tim will provide an update on the Razorback Iron Ore Project, outlining recent progress across project approvals, Major Project Status, strategic partnering and infrastructure planning. He will also highlight the Company’s expanding multi-commodity exploration activities, including rare earth elements, copper, silver and gold across our vast South Australian tenement portfolio.

🎥 Watch Tim’s recent interview with @MiningNewsNet: https://t.co/d1HrFRiaGz

🔗 Register here:
https://t.co/qZ11drc9gU

We look forward to connecting with investors and industry peers in Sydney.

#MagnetiteMines #ASX #MGT #MiningNewsSelect #IronOre #CriticalMinerals #Exploration #MNSSydney

[MagnetiteMines @MagnetiteMines]

Following yesterday’s announcement that Major Project Status was awarded for the Razorback Iron Ore Project, Magnetite Mines confirms that the statutory public engagement phase for its Mining Lease Proposal (MLP) has now commenced. As part of an accredited process, the MLP includes Australian Government permitting requirements under the Environment Protection and Biodiversity Conservation Act 1999.

The South Australian Department for Energy and Mining has now called for written submissions from stakeholders, community members and other interested parties. Submissions can be lodged with DEM until 23 April 2026.

To download the MLP, make a submission or to seek further information, see: https://t.co/aILuIhuTlZ

Magnetite Mines, as part of its foresight sustainability program, has made the MLP available since November 2025. To download individual chapters and appendices of the MLP, see:  https://t.co/nSNL7hluzi

[MagnetiteMines @MagnetiteMines]

Magnetite Mines welcomes the Australian Government’s decision to award Major Project Status (MPS) to the Razorback Iron Ore Project.

With a 3.8 billion tonne magnetite resource capable of supporting multi-decade production, Razorback is one of Australia’s largest undeveloped iron ore projects and is now the only iron ore project currently included on the Australian Government’s Major Projects list.

Full announcement: https://t.co/frCEgYcr8r

#ASXNews #MiningNews #Magnetite #MajorProjects #GreenIron #SouthAustralia #FutureMadeInAustralia

[MagnetiteMines @MagnetiteMines]

Magnetite Mines is pleased to confirm that all necessary approvals have been secured for drilling at our 100%-owned Ironback Hill Rare Earth Element (REE) Project in South Australia - an important step forward in advancing this emerging prospect.

- Drilling contractors have been engaged, with drilling scheduled to commence in the coming week.

- Up to 2,000m of aircore drilling is planned to test the extent and controls of previously announced clay-hosted REE mineralisation detected in historical iron ore drilling samples.

- The field program is expected to take approximately 10 days, with assay results anticipated within 6–8 weeks (subject to laboratory timing).

Managing Director Tim Dobson said: “Drill testing of this prospect is fully aligned with the Company’s strategy to create long-term shareholder value through a disciplined, multi-commodity exploration approach across its substantial South Australian tenement portfolio.”

We appreciate the support of the Ngadjuri Nation Aboriginal Corporation in completing the cultural heritage survey, and thank the landowner for facilitating access and logistics.

We look forward to providing further updates as drilling progresses.

Full announcement: https://t.co/6KQ17kXWwc

#MiningNews #ASXNews #RareEarths #CriticalMinerals #SouthAustralia #Exploration #Drilling

[MagnetiteMines @MagnetiteMines]

MD Tim Dobson shares key highlights from the quarter, including progress on Razorback strategic partnering and approvals, CSL Australia joining the Green Iron SA consortium, and continued momentum in South Australia’s infrastructure planning for power and water in the Braemar iron region.

Tim also provides updates from the Company’s multi-commodity exploration program, including additional REE mineralisation at Ironback Hill, an upcoming REE drilling program, and ongoing copper and gold exploration.

Full Announcement: https://t.co/49K8VJ8nPG

#ASXNews #MiningNews #Magnetite #GreenIron #GreenIronSA #GreenSteel #SouthAustralia #CriticalMinerals #RareEarths #Copper #Gold

[MagnetiteMines @MagnetiteMines]

We’re pleased to share that Magnetite Mines has been granted Exploration Licence EL7100 (‘Braemar Creek’) in South Australia - a 227km² tenement located directly downstream of the clay-hosted REE mineralisation we’ve reported at Ironback Hill.

✅ The licence captures key drainage corridors, interpreted to be linked to the REE clay systems at Ironback Hill

✅ It provides strategic optionality to assess whether mineralisation continues into adjacent areas

✅ It supports our broader approach of evaluating critical minerals opportunities in a phased, disciplined, capital-light way

➡️ Next Steps: Data compilation, targeting refinement and low-impact surface sampling, integrated with planned air core drilling at Ironback Hill.

Managing Director Tim Dobson said: “Braemar Creek was identified early in our alternative commodities exploration program as a strategically important licence, securing key drainage corridors downstream of the clay-hosted REE mineralisation at Ironback Hill. This grant provides optionality for future rare earth exploration, while we continue to advance this work in a disciplined manner and keep our primary focus on the Razorback Iron Ore Project.”

Full announcement: https://t.co/zWDlJlUi9w

#ASXNews #MiningNews #ASXMGT #RareEarths #CriticalMinerals #Exploration #Braemar #SouthAustralia

[MagnetiteMines @MagnetiteMines]

Magnetite Mines will be back in Peterborough next week and is looking forward to continuing its foresight One-to-One community engagement. The meetings are designed to provide local residents and business owners the opportunity to meet directly with company representatives to discuss proposals for the Razorback Project. Whatever your interest, you are invited to book a meeting to:

💠 Learn more about the Razorback Project
💠 Review Mining Lease Proposal information
💠 Share your views and aspirations
💠 Investigate future opportunities.

Please email [email protected] or call 08 8427 0516 for more information.

#MGT #Magnetite #GreenIron #GreenIronSA

[MagnetiteMines @MagnetiteMines]

Magnetite Mines is pleased to announce that our Mining Lease Proposal for the Razorback Project has successfully passed the South Australian Government’s validity assessment.

This milestone reflects the robustness of our submission and the extensive technical, environmental and stakeholder engagement work behind it. The MLP now progresses to:
✅ Cross-agency referral
✅ Statutory public consultation
✅ Detailed technical assessment

Managing Director Tim Dobson said:
“We are pleased to demonstrate continued progress with this important milestone in our approvals program. With consent agreements now finalised and validity achieved, we look forward to advancing Razorback in an inclusive and responsible manner.”

As part of our commitment to transparency and inclusive engagement — underpinned by our foresight sustainability platform — the full MLP and supporting documentation are available at:
https://t.co/jcjqm82zpB

Through foresight’s ongoing community engagement initiatives, the Company will also commence a new stage of local consultation via its One-to-One meeting program. Company representatives will be available to meet directly with stakeholders and community members in the Peterborough region, with further opportunities for other communities to follow.
We look forward to continuing to work closely with government, stakeholders and the community as we progress the Razorback Project toward development.

Full announcement: https://t.co/sjH2izfKi2

#Magnetite #Razorback #IronOre #GreenIron #GreenIronSA #SouthAustralia #MiningNews #Approvals #Sustainability

[MagnetiteMines @MagnetiteMines]

Magnetite Mines is pleased to share new laboratory results from the Ironback Hill Project confirming further near-surface, clay-hosted Rare Earth Element (REE) mineralisation within our 100%-owned tenements in South Australia.

The results continue to build the case for a potentially significant REE system, highlighted by:

- Shallow, clay-hosted mineralisation

- Re-assayed archival drill samples confirming broad REE enrichment

- Favourable geological setting across a large, underexplored tenement footprint

- Additional tenement application lodged, expanding project area and exploration potential

- Metallurgical and mineralogical testwork planned for early 2026

- Drilling program planned to further define near-surface extents

With global supply chains for critical minerals remaining highly concentrated, Ironback Hill represents a compelling growth opportunity within Magnetite Mines’ portfolio - complementing our flagship Razorback Iron Ore Project and supporting long-term value creation.

We look forward to advancing this opportunity through targeted drilling, expanded testwork and ongoing assessment of our vast South Australian tenement base.

Full announcement: https://t.co/rmtTa0fpBm

#ASXNews #MiningNews #MagnetiteMines #IronbackHill #RareEarths #CriticalMinerals #SouthAustraliaMining

[MagnetiteMines @MagnetiteMines]

Magnetite Mines is pleased to welcome CSL Australia, part of Canada’s The CSL Group, as the newest member of Green Iron SA - a consortium formed to accelerate the establishment of a green iron industry in South Australia.

The CSL Group brings world-class maritime capability in self-unloading and transhipment vessels, bulk-materials handling and port-infrastructure solutions, strengthening the consortium’s ability to create a fully integrated green iron supply chain from mine to market. With extensive operational experience in the Upper Spencer Gulf, including iron ore transhipment from Whyalla, The CSL Group complements the rail, port and infrastructure strengths of Aurizon, Flinders Port Holdings and GHD.

Together, we are building the logistics framework required to unlock the Braemar Iron Region and position South Australia as a leading supplier of high-purity magnetite for low-emission steelmaking both in Australia and globally.

Full announcement: https://t.co/CeUTUQd1nL

#GreenIronSA #GreenSteel #Decarbonization #SouthAustralia #EconomicGrowth #Innovation #GreenEconomy