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Latrobe Magnesium Secures $6.29M R&D Rebate, Accelerates Production Plans
10:51am on Tuesday 23rd of December, 2025 AEDT
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Latrobe Magnesium Secures $6.29M R&D Rebate, Accelerates Production Plans
10:51am on Tuesday 23rd of December, 2025 AEDT
Key Points
Received $6.29 million R&D tax rebate including interest
Rebate used to repay $8.9 million in R&D-related debt and equipment leases
Contracts in place to sell two lots totaling $2.8 million with settlements by mid-2026
Extended R&D lease to 2027 amid ongoing financier negotiations
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Latrobe Magnesium (ASX:LMG)
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