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Latrobe Magnesium Secures $6.3M Funding, Targets May Start for Demonstration Plant
4:41am on Monday 2nd of June, 2025 AEST
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Mining
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Latrobe Magnesium Secures $6.3M Funding, Targets May Start for Demonstration Plant
4:41am on Monday 2nd of June, 2025 AEST
Key Points
Demonstration Plant operations targeted from late May 2025
Secured $6.3 million funding including $3.5 million capital raise
Sale of surplus land expected to generate up to $5 million by June 2025
250MW hydropower allocation secured for Stage 3 international plant in Sarawak
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Latrobe Magnesium (ASX:LMG)
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