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Magnetite Mines Advances Razorback with Mining Lease and Strategic Funding
6:05am on Monday 2nd of June, 2025 AEST
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Mining
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Magnetite Mines Advances Razorback with Mining Lease and Strategic Funding
6:05am on Monday 2nd of June, 2025 AEST
Key Points
Mining Lease Proposal submitted to South Australian Department for Energy & Mining
Definitive Agreements with JFE Shoji Australia targeted for Q2 2025
Provisional patent filed for saline water ore processing method
$7 million convertible note funding secured from C/M Capital Partners
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