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Latrobe Magnesium Advances Magnesium Production, Eyes $200M US Financing
9:09am on Wednesday 29th of October, 2025 AEDT
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Mining
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Latrobe Magnesium Advances Magnesium Production, Eyes $200M US Financing
9:09am on Wednesday 29th of October, 2025 AEDT
Key Points
Demonstration Plant commissioned, producing magnesium oxide
$6M placement and $4M underwritten rights issue secured
U.S. Export Import Bank issues $200M Letter of Interest for Stage 2 plant
Legal clearance obtained for ferro-nickel import into Malaysia
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Latrobe Magnesium (ASX:LMG)
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