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Latrobe Magnesium presses ahead with low-emissions demonstration plant

Latrobe Magnesium presses ahead with low-emissions demonstration plant

Latrobe Magnesium Limited (ASX:LMG)'s David Paterson shows off the company's first magnesium ingot in an interview with Proactive. The company just sealed a financing deal for a proposed commercial-scale demonstration plant, which is expected to be one of the magnesium industry’s lowest carbon emitters in the world. Once the plant is up and running, LMG hopes to one day generate up to 10,000 tonnes of magnesium ore per annum, targeting $110 million in revenue and $42 million in earnings along the way.

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