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MagIndustries Corp. (MAA.TO)

0.19 Up 0.01(2.70%) Sep 19, 2:48PM EDT
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MagIndustries Corp.
33 Yonge Street
Suite 820
Toronto, ON M5E 1G4
Canada - Map
Phone: 416-368-7911
Fax: 416-368-5048

Index Membership:N/A
Sector:Basic Materials
Industry:Agricultural Chemicals
Full Time Employees:315

Business Summary 

MagIndustries Corp., together with its subsidiaries, is engaged in forestry and mineral mining businesses in the Republic of Congo (ROC). It owns and operates 68,000 hectare eucalyptus fibre congo, a sustainable and renewable forestry business in Pointe-Noire, ROC, which supplies wood chips to customers in the pulp and paper, and fiberboard industry in the European and North African market. The company explores for and develops potash resource properties. Its principal asset comprises rights relating to the Mengo Potash Project and an approximately 1,500 square kilometre area located in Pointe-Noire, ROC. The company focuses on the construction and commissioning of a 1.2 million tones per year potash plant on the Mengo Permit Area to produce primarily agricultural-grade potash fertilizers for South America, South Africa, and Europe markets located in the Atlantic port city of Pointe-Noire, ROC. The company was formerly known as Magnesium Alloy Corporation and changed its name to MagIndustries Corp. in January 2005. MagIndustries Corp. is headquartered in Toronto, Canada.

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Key Executives 
Mr. Longbo Chen ,
Chief Exec. Officer and Director
Mr. Geoff Woo CGA,
Chief Financial Officer
Dr. Fuliang Wang ,
VP of Mining & Devel.
Mr. Achim Strauss ,
Technical Advisor of Engineering & Devel.
Mr. Richey Stairs Morrow ,
Director of Investor Relations & Corp. Devel.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in CAD.