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Magontec Posts Strong Q1 2026 Profit Growth with Margin Expansion and Strategic Growth in Magnesium Alloys and Electronic Anodes

11:22am on Tuesday 12th of May, 2026 AEST Materials
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Magontec Posts Strong Q1 2026 Profit Growth with Margin Expansion and Strategic Growth in Magnesium Alloys and Electronic Anodes

11:22am on Tuesday 12th of May, 2026 AEST
Key Points
  • 63% gross profit increase in Q1 2026
  • 58% rise in metals sales volumes
  • 33% revenue growth in electronic anodes
  • Positive underlying operating cash flow of $1.3 million
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