Latrobe Magnesium (ASX: LMG) advances magnesium production strategy in Australia and overseas (w/ David Paterson)
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Latrobe Magnesium (ASX: LMG) CEO David Paterson joins Small Caps to discuss the company’s strategy of producing magnesium metal using its proprietary process. The company is building a demonstration plant in Victoria, which will generate 1,000tpa of magnesium metal from coal fly ash, which is a waste product from a nearby power plant. Latrobe’s process can also generate magnesium from ferro-nickel slag and the company is looking at building a 100,000tpa plant in either the Middle East of South East Asia. Articles:https://smallcaps.com.au/latrobe-magnesium-ferro-nickel-supply-magnesium-plant-sln-mou/https://smallcaps.com.au/latrobe-reports-on-track-development-demonstration-magnesium-plant/ For more information on Latrobe Magnesium:https://smallcaps.com.au/stocks/LMG/See omnystudio.com/listener for privacy information.