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Latrobe Magnesium Secures $16 Million Funding to Advance Magnesium Metal Production
9:59am on Monday 13th of July, 2026 AEST
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Latrobe Magnesium Secures $16 Million Funding to Advance Magnesium Metal Production
9:59am on Monday 13th of July, 2026 AEST
Key Points
Initial $6 million funding by September 2026
Up to $16 million total via share placements and swaps
Funds to complete magnesium metal section and expand plant capacity
Share placements tied to development milestones at 1.4 cent VWAP
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Latrobe Magnesium (ASX:LMG)
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