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Latrobe Magnesium Advances Sustainable Magnesium Production with US$2m Prepayment and Funding Support

10:26am on Thursday 30th of April, 2026 AEST Materials
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Latrobe Magnesium Advances Sustainable Magnesium Production with US$2m Prepayment and Funding Support

10:26am on Thursday 30th of April, 2026 AEST
Key Points
  • Continuous production of 90%+ high-grade Magnesium Oxide achieved
  • US$2 million prepayment from Metal Exchange LLC secured
  • Letters of support and interest for A$200 million funding received
  • 10,000 tonnes per annum commercial plant planned for 2028
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