Magontec Ltd 2023 Annual Report with Sustainability Disclosures
Company: Magontec Ltd
Sector: Manufacturing
Country: Australia
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 100
The report presents Magontec's 2023 performance against weaker magnesium markets, including continued delays to the Qinghai project. It reports 69.2% renewable energy in the energy mix and renewable consumption of 12.2m kW h. The workforce comprised 311 employees and recorded one lost-time injury. Sustainability and ESG risk oversight is routed through the Business Risk Committee, with the Board retaining oversight of environmental and social risks.
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