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Latrobe Magnesium Raises $8M to Scale Sustainable Magnesium Production
11:52am on Monday 13th of October, 2025 AEDT
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Mining
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Latrobe Magnesium Raises $8M to Scale Sustainable Magnesium Production
11:52am on Monday 13th of October, 2025 AEDT
Key Points
Equity raise of $8 million via $4 million placement and $4 million entitlement offer
Funds to support commissioning of 1,000 tpa Demonstration Plant and Commercial Plant feasibility
First magnesium metal ingots expected by Q1 2026
Patented low-emission hydromet process using brown coal ash feedstock
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Latrobe Magnesium (ASX:LMG)
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