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Thessally Resources Pty Ltd (Thessally) is a privately-owned Australian company seeking to create value in the near to mid-term as it implements its strategy as an emerging magnesia producer, with a focus on the rapidly growing caustic calcined magnesia (CCM) market.

Our significant high grade Huandot Magnesium Project is located adjacent to transport, water and power infrastructure and well positioned to fast-track with trial mining completed.

PROJECTS

The Huandot Magnesium Project is a significant deposit comprising a shallow, high-grade macrocrystaline magnesite.

MAGNESIA

The caustic calcined magnesia (CCM) market has seen significant growth prospects in a wide range of industrial, specialty and non-metallic industries such as agriculture, waste water treatment, fire-resistant building materials.

WHY INVEST?

Market conditions are favourable to bring this significant magnesia deposit to production.

INDUSTRY NEWS

October 26, 2025

Thessally ships first magnesite from Darwin in 30 years

Thessally Resources Pty Ltd has dispatched the Northern Territory’s first shipment of magnesite in three decades, with approximately 14,000 tonnes leaving Darwin Port for Japan this week.   The ore extracted from Thessally’s Huandot Magnesium Project near Batchelor, 80km south of Darwin was mined from a trial open pit. The bulk sample will be trialled […]

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Agriculture a key market

We are looking for strategic partners to develop the Huandot Magnesium Project as a long-life industrial minerals operation.

Well positioned to fast-track to production

Close proximity to Asian Markets

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