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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 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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