Latrobe Magnesium Limited (ASX:LMG)'s David Paterson speaks to Proactive after the company inked a term sheet to secure $23 million in project funding, covering an initial plan for a magnesium production plant in Victoria's Latrobe Valley. He says LMG is now fully funded to erect its $39 million plant, designed to showcase how LMG’s Hydromet technology can extract high-grade magnesium and other valuable byproducts from fly ash and ferro nickel slag feedstocks.
Latrobe Magnesium inks term sheet for $23 million in project funding
