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How Will LMG’s US$122M EXIM Backing Transform U.S. Magnesium Supply?
9:29am on Tuesday 21st of October, 2025 AEDT
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How Will LMG’s US$122M EXIM Backing Transform U.S. Magnesium Supply?
9:29am on Tuesday 21st of October, 2025 AEDT
Key Points
EXIM issues non-binding Letter of Interest for US$122 million financing
Stage 2 plant targets 10,000 tonnes per annum magnesium production by late 2027
100% of production allocated to U.S. market under long-term offtake agreement
LMG progressing equity raises and feasibility study with Bechtel
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Latrobe Magnesium (ASX:LMG)
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