LMG 2.44% 4.0¢ latrobe magnesium limited

general discussion, page-1469

  1. 719 Posts.
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    With respect Iceman, l think those two points you raised are fairly obvious and go without saying considering that everyone is acutely aware that we are
    - still building the demonstration plant
    - a demonstration plant is exactly what the name implies- there to demonstrate
    a) the technology works and
    b) the commercial viability of the patented hydromet metallurgical process for magnesium extraction

    However, a rising price in magnesium is still important even though LMG aren’t currently a magnesium producer. A higher value commodity price will obviously help with the bottom line in future years but it also makes magnesium a much more attractive investment proposition for potential future joint partners for the Malaysian 100k tpa plant
 
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