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Magnetite Mines

Magnetite mines is an ASX-listed iron ore company (ASX:MGT) 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 of 6 billion tonnes of iron ore including 2 billion tonnes of Probable Ore Reserves located 240km from Adelaide – 100% owned by Magnetite Mines.

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