Magontec Limited (MGL.AX)

0.4050 0.0000 (0.00%) At close: 03:19PM AEDT

Magontec Limited

46A Macleay Street
Suite 1.03
Potts Point, NSW 2011
Australia
61 2 8084 7813
https://magontec.com

Sector(s): Basic Materials
Industry: Other Industrial Metals & Mining
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Derryn Chin B Com (UNSW), B.Com., C.A., C.F.A., CA	Chief Financial Officer	418.2k	N/A	N/A
Mr. Christoph Klein-Schmeink	President of Magontec Europe, North America & Middle East	535.91k	N/A	1965
Mr. Xunyou Tong	President of Magontec Asia	494.1k	N/A	1971
Mr. Joel Forwood	Manager of Investor Relations	N/A	N/A	N/A
Mr. Patrick Look	Vice President of Finance & Human Resources	N/A	N/A	N/A
Mr. Dean Taylor	Company Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Magontec Limited, together with its subsidiaries, researches, develops, manufactures, and sells generic and specialist magnesium alloys in Europe, North America, Asia, and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, and S-Patron intelligent measuring and control systems. The CCP products are used in water storage vessels. It also recycles magnesium alloys. The company was formerly known as Advanced Magnesium Limited and changed its name to Magontec Limited in November 2011. Magontec Limited was founded in 1953 and is headquartered in Potts Point, Australia.

Corporate governance

Magontec Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.