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Latrobe Magnesium moves closer to first metal production despite funding strain

8:15am on Friday 25th of September, 2026 AEST • Mining and Metals
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Latrobe Magnesium moves closer to first metal production despite funding strain

8:15am on Friday 25th of September, 2026 AEST
Key Points
  • Approximately 20 tonnes of high-grade MgO produced during a two-week campaign
  • Phase 1B magnesium metal circuit was 33% complete at 30 June and 70% complete by September
  • FY2026 net loss widened to $4.87 million
  • Auditor highlighted material uncertainty related to going concern
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