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Latrobe Magnesium clears funding hurdle for first metal target
8:58am on Wednesday 28th of October, 2026 AEDT
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Mining and Metals
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Latrobe Magnesium clears funding hurdle for first metal target
8:58am on Wednesday 28th of October, 2026 AEDT
Key Points
$3.4 million entitlement offer completed before costs
Shareholders subscribed for $305,034, with sub-underwriters taking the $3.11 million shortfall
Demonstration Plant reported at 95% installation and 35% commissioning
First magnesium crown production remains targeted for the end of 2026
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Latrobe Magnesium (ASX:LMG)
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