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…
