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Latrobe Magnesium brings first metal within reach as Phase 1B nears completion

8:59am on Friday 16th of October, 2026 AEDT • Metals and Mining
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Latrobe Magnesium brings first metal within reach as Phase 1B nears completion

8:59am on Friday 16th of October, 2026 AEDT
Key Points
  • Phase 1B reaches 95% installation and 35% commissioning
  • First magnesium metal targeted by end-2026
  • Cash rises to A$3.4 million against A$15.0 million in financing liabilities
  • South Carolina project advances with 32 ktpa of non-binding offtake interest
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