Latrobe Magnesium

Smart, Efficient and Green

Our Project

About

Latrobe Magnesium (LMG) is constructing a 1,000 tonne per annum (tpa) demonstration production plant in Victoria’s Latrobe Valley using a proprietary patented combined hydromet / thermal reduction process. Using this world-first, low cost, low emission process, the plant will harvest magnesium metal and other valuable by-products from a fly ash resource – a waste stream from brown coal power generation.

Following a successful feasibility study and project financing, development of the demonstration plant at LMG's Hazelwood North site is well underway including engineering, purchasing of equipment and construction works. The first magnesium production is due Q2 2023.

With successful operation of the demonstration plant, LMG will develop a full-scale commercial 10,000+ tpa plant in the Latrobe Valley. LMG has also awarded a Pre-Feasibility Study (PFS) for a 100,000 tpa international mega plant processing ferronickel slag to global experts Bechtel.

LMG's demonstration and commercial plants are located at the centre of Victoria’s coal power generation region providing direct access to current and historic fly ash feedstock, a skilled workforce and key energy and transport infrastructure. LMG purchased and is developing an an 11-hectare site with 14,000 m² of buildings, and is negotiating with potential local renewable energy providers to power its plants.

Demand for magnesium worldwide is growing. Magnesium has the best strength-to-weight ratio of all common structural metals and is increasingly used in the manufacture of products such as car parts, laptop computers, mobile phones and power tools as well as in the aluminium and steelmaking industries. Australia currently imports all of the 8,000 tonnes of magnesium it consumes annually.

LMG's projects are at the forefront of environmental sustainability as the plants will safely convert almost 100% of the potentially hazardous fly ash waste into valuable commodities. The CO2 emissions are estimated to be 50% less than overseas magnesium production plants. Moreover, the strong, lightweight magnesium produced enables further environmental benefits such as the development of electric vehicles.

Projects

Latrobe Valley Project

The Latrobe Valley project is a demonstration Magnesium Plant located at Hazelwood North in Victoria’s Latrobe Valley, 150km southeast of Melbourne. LMG has developed a patented process to extract magnesium from magnesium rich resources. Magnesium metal will be extracted from fly ash using a world- first hydrometallurgical extraction/thermal reduction process which includes the production of valuable by-products, minimising any waste streams and providing a more sustainable approach.

The 10,000 tpa commercial production facility will utilise breakthrough technology and efficient materials handling to enable LMG to operate at globally competitive costs with the current annual demand for magnesium reaching approximately one (1) million tpa and projected to double over the next few years.


Latrobe Valley

The project is commencing the detailed engineering phase with procurement of equipment planned for Q1 2022 and major construction early 2022. First production of Magnesium is targeted for early Q2 2023.

See More

Investors

Latrobe Magnesium Limited (ASX: LMG) is a public listed ASX company developing the world’s first magnesium extraction process production. Magnesium metal and other valuable by-products will be extracted from fly ash, a brown coal power plant waste and environmental pollutant using a proprietary patented combined hydrometallurgical extraction / thermal reduction process at the flagship Demonstration Plant, located in Victoria’s Latrobe Valley.

Current share price

Latrobe Magnesium
LMG.AX A
 / 
Day Range
 - 
52 Week Range
 - 
Market Cap
Shares Traded
Volume

Partnerships

Questions?

Reach our team by emailing enquire@latrobemagnesium.com or completing our contact form below

Get in touch