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Latrobe Magnesium gains US backing for South Carolina plant study

9:58am on Thursday 17th of September, 2026 AEST Mining and Metals
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Latrobe Magnesium gains US backing for South Carolina plant study

9:58am on Thursday 17th of September, 2026 AEST
Key Points
  • US$15 million non-binding equity support for the South Carolina feasibility study
  • Funding conditional on equivalent US$15 million financing from a specified US entity
  • Counterparty is a large US financial institution investing across the US and Asia-Pacific
  • LMG continues talks with other parties for project funding, land and working capital
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