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Latrobe Magnesium Limited

LMG.AX

Latest Trade

0.09AUD

Change

0.00(0.00%)

Volume

12,766,016

Today's Range

0.08

 - 

0.10

52 Week Range

0.02

 - 

0.18

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Latest Developments

Latrobe Magnesium Has Raised A$11.5 Million Through An Oversubscribed Placement

Nov 12 (Reuters) - Latrobe Magnesium Ltd <LMG.AX>::HAS RAISED A$11.5 MILLION THROUGH AN OVERSUBSCRIBED PLACEMENT.WILL ISSUE 115 MILLION SHARES AT 10 AU CENTS & 28.75 MILLION ATTACHING OPTIONS EXERCISABLE AT 4 AU CENTS.

Latrobe Magnesium Expands Demonstration Plant To 10,000 Tpa

Nov 3 (Reuters) - Latrobe Magnesium Ltd <LMG.AX>::LATROBE MAGNESIUM EXPANDS DEMONSTRATION PLANT TO 10,000 TPA.INCREASED PRODUCTION WILL RESULT IN REVENUES IN ORDER OF A$110M AND AN ESTIMATED EBITDA OF A$42M.INITIAL PLANT COST BETWEEN A$40M TO A$45M & WILL NOW BE EXPANDED TO 10,000 TPA AT TOTAL COST A$123 MILLION.EXPECTED THAT FUNDING FOR THIS EXPANSION OF SOME A$75M WILL BE FINANCED THROUGH 100% MAGNESIUM OFFTAKE AGREEMENTS.

Latrobe Magnesium Awards EPCM Contract To Mincore

June 28 (Reuters) - Latrobe Magnesium Ltd <LMG.AX>::LATROBE MAGNESIUM AWARDS EPCM CONTRACT TO MINCORE-LMG.AX.AWARDED EPCM CONTRACT TO MINCORE FOR DEVELOPMENT OF 3,000 TPA MAGNESIUM DEMONSTRATION PLANT.

Latrobe Magnesium Says EPA Application For Magnesium Plant Approved

Sept 16 (Reuters) - Latrobe Magnesium Ltd <LMG.AX>::EPA APPLICATION FOR INITIAL 3,000 TPA MAGNESIUM PLANT AT 320 TRAMWAY ROAD HAZELWOOD NORTH APPROVED.APPROVAL ALLOWS LMG TO OPERATE PLANT FOR 18 MONTHS POST COMMISSIONING STAGE.WILL MAKE A FINAL INVESTMENT DECISION ONCE FINALISED FUNDING ARRANGEMENTS FOR PLANT.EPA'S APPROVAL LAST ONE REQUIRED FOR PROJECT TO PROCEED.

Latrobe Magnesium Secures Project Funding Of $2.7 Mln From RnD Funding

Oct 16 (Reuters) - Latrobe Magnesium Ltd <LMG.AX>::SECURED PROJECT FUNDING OF $2.7 MILLION FROM RND FUNDING.

Latrobe Magnesium Sees Negative Operating Cash Flows Until Magnesium Plant Operates In Dec 2020

Aug 20 (Reuters) - Latrobe Magnesium Ltd <LMG.AX>::WILL CONTINUE TO HAVE NEGATIVE OPERATING CASH FLOWS UNTIL IT COMMISSIONS FIRST MAGNESIUM PLANT PROJECTED TO START OPERATIONS IN DEC 2020.MAINTAINS THAT CO HAS SUFFICIENT FUNDING AVAILABLE TO FUND ITS OPERATION INTO Q2 OF THIS YEAR.CO IS IN PROCESS OF DETERMINING ITS PROJECT FUNDING REQUIREMENTS FOR NEXT YEAR & IS IN DISCUSSIONS WITH POTENTIAL FUNDERS.

Latrobe Magnesium Signs MoU With EnergyAustralia Yallourn

Jan 16 (Reuters) - Latrobe Magnesium Ltd <LMG.AX>::SIGNS MOU WITH ENERGYAUSTRALIA YALLOURN TO SUPPLY FLY ASH TO LATROBE VALLEY MAGNESIUM PLANT.

Latrobe Magnesium acquires remaining 50 pct interest in its Hydromet process<LMG.AX>

Latrobe Magnesium Ltd <LMG.AX>: Lmg acquires remaining 50 pct interest in its hydromet process <LMG.AX> .

Latrobe Magnesium signs MOU with Advanced Material Corporation Of Japan

Latrobe Magnesium Ltd:Signed a memorandum of understanding with a Japan-based company.Mou committing to purchase up to 4,000 tonnes of magnesium per annum from the lmg planned production facility in morwell Victoria.Offtake company is Advanced Material Corporation Of Japan.Expect that lmg will pre-sell most of its 40,000 tonnes per annum planned magnesium production."Also in discussions with a prospective German customer".

Latrobe Magnesium Ltd granted China patent for its unique hydromet process

Latrobe Magnesium Ltd:Granted China patent for its unique hydromet process.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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