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Latrobe Magnesium Secures USD 2M Funding as MgO Production Validates Process

10:22am on Wednesday 29th of April, 2026 AEST • Materials
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Latrobe Magnesium Secures USD 2M Funding as MgO Production Validates Process

10:22am on Wednesday 29th of April, 2026 AEST
Key Points
  • Produced 20 tonnes of high-grade magnesium oxide meeting commercial specs
  • Phase 1B installation underway targeting magnesium metal production in H2 2026
  • USD 2 million non-dilutive prepayment from Metal Exchange supports Phase 1B
  • Initial commercial sales of MgO and by-product trials commenced
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