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How Latrobe Magnesium Fixed Its Fan Defect and Secured Key Funding Support

9:56am on Friday 30th of January, 2026 AEDT Mining
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How Latrobe Magnesium Fixed Its Fan Defect and Secured Key Funding Support

9:56am on Friday 30th of January, 2026 AEDT
Key Points
  • Manufacturing defect on Spray Roaster fan identified and rectified
  • Magnesium Oxide production restarted with improved operational reliability
  • Received $6.3 million R&D tax incentive, applied to debt reduction
  • Non-binding Letters of Support from Export Finance Australia and US EXIM Bank for Stage 2 plant financing
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