LATROBE MAGNESIUM ORD
Latrobe Magnesium advances Victorian demonstration plant with key upgrades and readiness plan
Engineering and construction work at Latrobe Magnesium’s (ASX: LMG) demonstration plant project in Victoria has focused on minor Stage 1A upgrades observed during the commissioning trial to improve plant operability and efficiency. The Stage 1A modifications were carried out alongside limited construction for Stage 1B during the quarter to maintain continuity and experience within the […]
Latrobe Magnesium increases project funding and targets next phase of MgO production
Latrobe Magnesium (ASX: LMG) has negotiated a $3 million increase in its project finance facility to provide a funding buffer as it wraps up activities at its innovative Victorian plant. The funding facility now sits at $28m and Latrobe has also successfully extended its maturity date by nine months to 31 December 2027. The change […]
Latrobe Magnesium on track for October production start at Victorian MgO plant
Latrobe Magnesium (ASX: LMG) is on target to achieve the official handover of its stage 1 magnesium oxide (MgO) demonstration plant in Victoria and the start-up of 1,000 tonnes per annum production in early October. With only ten long-lead equipment items and minor works outstanding in the construction and commissioning of the plant, Latrobe expects […]
Latrobe Magnesium moves closer to start of production at Stage 1 demonstration plant
Latrobe Magnesium (ASX: LMG) will progress its demonstration plant in Victoria’s Latrobe Valley towards continuous operation of magnesium oxide production in September, with revenue from sales expected in the near term. The company completed the commissioning stages of the plant during the June quarter, successfully producing magnesium oxide with more than 80% purity to meet […]