Company Magontec Limited

Equities

MGL

AU000000MGL2

Specialty Mining & Metals

Market Closed - Australian S.E. 10:29:57 07/06/2024 am IST 5-day change 1st Jan Change
0.28 AUD -1.75% Intraday chart for Magontec Limited +3.70% -28.21%

Business Summary

Magontec Limited is an Australia-based company, which is engaged in manufacturing of magnesium products. The principal activities of the Company include manufacture and sale of generic and specialist alloys (including both primary alloy manufacture and recycling), manufacture and distribution of magnesium and titanium cathodic corrosion protection products (anodes) and research and development of new magnesium alloys and technologies. It is also focused on research and development of cathodic corrosion protection products and creating markets for new magnesium alloys and technologies by supporting demonstration trials and programs for developing new applications. Its types of products and services include magnesium alloy production and recycling, and manufacture of cathodic corrosion protection products. It manufactures magnesium alloys from its production facilities in Shanxi and Qinghai Provinces in China. It recycles magnesium alloys servicing its primary magnesium alloy customers.

Number of employees: 339

Sales per Business

AUD in Million2022Weight2023Weight Delta
Metal
52.4 %
103 64.8 % 54 52.4 % -47.83%
Anodes - Cathodic Corrosion Protection
47.6 %
56 35.2 % 49 47.6 % -12.71%

Sales per region

AUD in Million2022Weight2023Weight Delta
Europe
56.7 %
96 60.8 % 58 56.7 % -39.84%
China
43.4 %
63 39.7 % 44 43.4 % -29.60%
Inter-company Sales
0.0 %
-1 -0.5 % 0 0.0 % -95.40%

Managers

Managers TitleAgeSince
Chief Executive Officer 67 01/07/01
Director of Finance/CFO - 01/14/01
Chief Tech/Sci/R&D Officer - 01/13/01
Human Resources Officer - 01/09/01
Corporate Officer/Principal 53 01/03/01
Corporate Officer/Principal 59 01/00/01
Corporate Secretary - 19/23/19

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 67 01/07/01
Director/Board Member 56 22/14/22
Director/Board Member 60 29/12/29
Director/Board Member - 16/13/16
Director/Board Member - 29/22/29
Director/Board Member - 01/19/01

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 78,515,474 37,941,986 ( 48.32 %) 0 48.32 %

Company contact information

Magontec Ltd.

46A Macleay Street Suite 1.03

2011, Sydney

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http://www.magontec.com
address Magontec Limited(MGL)
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