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Latrobe Magnesium locks in A$8.5m to push toward first metal production
10:00am on Tuesday 22nd of September, 2026 AEST
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Mining
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Latrobe Magnesium locks in A$8.5m to push toward first metal production
10:00am on Tuesday 22nd of September, 2026 AEST
Key Points
A$5.1m institutional placement at A$0.015 a share
Fully underwritten A$3.4m one-for-15 entitlement offer
Funds Phase 1B completion and 2026 magnesium crown campaign
A$0.5m allocated to initial South Carolina plant studies
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Latrobe Magnesium (ASX:LMG)
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