Wir verwenden Cookies, um Ihnen eine optimale Funktion der Webseite zu ermöglichen. Wenn Sie weitersurfen, stimmen Sie der Cookie-Nutzung zu. Mehr erfahren
In Ihrem Webbrowser ist JavaScript deaktiviert. Um alle Funktionen dieser Website nutzen zu können, muss JavaScript aktiviert sein.
RohstoffWelt - Die ganze Welt der Rohstoffe HomeKontaktRSS
Powered by: Powered by GoldSeiten.de
 
[ Druckversion ]
Latrobe Magnesium Ltd.
Latrobe Magnesium Ltd.
Registriert in: Australien WKN: 872514 Rohstoffe:
Art: Originalaktie ISIN: AU000000LMG2 Magnesium
Heimatbörse: Sydney/Melbourne Alternativ: -
Währung: AUD    
Symbol: LMG.AX Forum:

Latrobe Magnesium raises $18 million for Demonstration Plant and future expansion

30.05.2024 | 20:40 Uhr | NewsDirect
Latrobe Magnesium Ltd. (ASX: LMG) chief operating officer Ronan Gillen sits down with Jonathan Jackson in the Proactive studio to discuss the firm commitments received to raise A$12 million from new and existing institutional and professional investors via an institutional placement, alongside a proposed fully underwritten, non-renounceable entitlement offer to raise A$6 million. Funds will be utilised for the final structural works and commissioning of the Demonstration Plant, final engineering for steady-state production of 1,000 tonnes per annum magnesium metal and ongoing R&D in partnership with CSIRO. The offer received strong support from LMG's directors and management, who subscribed for A$650,000 of shares. Gillen expressed satisfaction with the support, noting the demand from both domestic and international markets. He highlighted the significance of LMG being the first to produce magnesium from brown coal fly ash and the positive macroeconomic outlook for magnesium. The raised funds will support the Demonstration Plant in producing magnesium metal and saleable by-products, showcasing the commercial viability of their full flowsheet. LMG is also advancing plans for a 10,000 tonnes per annum Commercial Plant, with a bankable feasibility study set to begin shortly and inform a Final Investment Decision by the end of the year. The placement offers an opportunity to diversify the shareholder register ahead of significant company growth.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/latrobe-magnesium-raises-18-million-for-demonstration-plant-and-future-expansion-956194893
 
Bookmarken bei Mister Wong Furl YiGG Wikio del.icio.us Webnews
A A A Schriftgröße
 
 
 
© 2007 - 2024 Rohstoff-Welt.de ist ein Mitglied der GoldSeiten Mediengruppe
Es wird keinerlei Haftung für die Richtigkeit der Angaben übernommen! Alle Angaben ohne Gewähr!
Kursdaten: Data Supplied by BSB-Software.de (mind. 15 min zeitverzögert)

Werbung | Mediadaten | Kontakt | AGB | Impressum | Datenschutz