Latrobe Magnesium Limited (AU:LMG) has released an update.
Latrobe Magnesium Limited (LMG) has announced the commencement of ore commissioning at its Demonstration Plant and the appointment of Societe Generale to oversee financing for its Stage 2 Commercial Plant, which is set to produce 10,000 tonnes per annum (tpa) of magnesium in the Latrobe Valley. LMG is progressing with its Strategic Supplier Program to expedite development and aims for production to start in 2026, with the backing of secured off-take agreements and expected government funding for critical minerals.
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