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Mount Gibson Iron Limited - Australian Company Profile

Enterprise Type: Public Company

ASX Code: MGX

What does Mount Gibson Iron Limited do?

Mount Gibson Iron is a Public Company that generates the majority of its income from the Iron Ore Mining industry.

In 2024 the company generated total revenue of $730,166,000 including sales and other revenue. In 2024 Mount Gibson Iron had 389 employees including employees from all subsidiaries under the company's control.

The Chief Executive of Mount Gibson Iron is Mr Peter Kerr whose official title is Chief Executive Officer. The Chairman of Mount Gibson Iron is Mr Seng Hui Lee whose official title is Non-Executive Chairman.

Mount Gibson Iron Limited - Products & Brands

Mount Gibson Iron is a producer of hematite ore, the principal form of iron ore. The company owns the mining rights for the following projects: Extension Hill/Iron Hill, Mount Gibson - A hematite project located 260 km south-east of Geraldton, Western Australia, producing 3 million tonnes of iron ore annually. Mining ceased at the depleted Extension Hill mine in November 2016 with the focus shifting to the development of the Iron Hill mine 3km to the south. Koolan Island - An iron ore project located just off the northern Kimberley coast of Western Australia, currently producing in excess of 3 million tonnes of iron ore annually. Shine Iron Ore Project - The Shine Iron Ore Project is located 85km north of the Extension Hill operation. The operation is currently not active. Mount Gibson Iron also operates a bulk cargo export port at Geraldton.

Mount Gibson Iron Limited - Key Personnel

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Mount Gibson Iron Limited - Financial Statements

Mount Gibson Iron Limited Financial Profit & Loss Account

BALANCE DATE 06/30/2024 06/30/2023 06/30/2022 06/30/2021 06/30/2020
Sales Revenue 667,818.0 452,685.0 186,114.0 300,463.0 455,558.0
Other Revenue
Total Revenue
Cost of Goods Sold
Depreciation
R & D Expenditure
To view all financial data for Mount Gibson Iron Limited, see purchase options.

Mount Gibson Iron Limited's Competitive Environment

Mount Gibson Iron Limited operates in the following industries:

Mount Gibson Iron Limited's main competitors:

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Enterprise Profiles - table of contents

Enterprise Details

Get a high-level overview of Mount Gibson Iron Limited, including registered business details, an enterprise synopsis, SWOT analysis and main brands and products.

Key Personnel

We outline the key personnel at Mount Gibson Iron Limited by position type and title.

Enterprise Financials

Get a full view of Mount Gibson Iron Limited’s financials, including Profit and Loss Account (Revenue, Interest, Profit and Loss, and Audit Fees) and Balance Sheet (Current Assets, Non-Current Assets, Current Liabilities, Non-Current Liabilities, Shareholders’ Equity), as well as Number of Employees, Number of Share on Issue, Market Capitalisation and Earnings per Share where available. Note: we do not provide a full financial details for all company profiles.

Growth & Ratios

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Operating Segments

Understand the main operating divisions of Mount Gibson Iron Limited, including Revenue and Assets under each Segment, Industries and Geographic Locations Mount Gibson Iron Limited operates in.

Competitor Benchmarking

Compare Mount Gibson Iron Limited’s financial ratios and growth to peers in their industries of operation for a clearer picture of performance.

Major Shareholders

We outline the ultimate parent and largest shareholders of Mount Gibson Iron Limited.

Subsidiaries

View a list of Mount Gibson Iron Limited’s associated companies, holding company, joint ventures and trusts, both domestic and international.

History

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