Latrobe Magnesium to raise $18m to progress magnesium production

Latrobe Magnesium has received firm commitments to raise $12.0 million from new and existing institutional and professional investors via an institutional placement and has announced plans for an entitlement offer to shareholders to raise another $6 million. The company, which recently produced what it called the world’s first environmentally sustainable magnesium oxide (MgO) from fly…

Latrobe Magnesium produces first oxides from fly ash

Latrobe Magnesium has commissioned the first phase of its 1,000 tonnes per annum, Stage 1 Demonstration Plant, successfully producing the world’s first environmentally sustainable magnesium oxide (MgO) from fly ash waste from brown coal power generation. This marks a significant milestone in pioneering a sustainable magnesium extraction method at an industrial scale, using the company’s…

Latrobe magnesium to be exported to the US

Magnesium production company Latrobe Magnesium will sell the majority of its production in North, Central and South America and the Caribbean following the execution of an upgraded distribution contract with Metal Exchange Corporation of Missouri. The company, which is preparing a facility (pictured) in Victoria for its production plant, anticipates ‘excellent prices’ due to a…

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Thales shows off Bendigo armoured vehicle production Thales in Bendigo has welcomed 45 visitors from Defence’s Capability and Technology Management College (CTMC) to its Protected Vehicles manufacturing site in Bendigo (pictured, visiting the Bushmaster production line). “The aim of the visit is to expose CTMC students to some of the practical aspects of military vehicle…