LMG 6.38% 4.4¢ latrobe magnesium limited

Ann: LMG awards pre-feasibility study for 100,000 tpa plant, page-51

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    Yes, and the plant is co-financed by China's Jiangsu Delong Nickel Industry Co. Ltd. and is located at PT Virtue Dragon Nickel Industry park in Java, equidistant to China and India who will be the two largest EV car production countries. I expect the ore is sourced from a range of places within and out of Indonesia. Indonesia has one of the largest laterite nickel sources in the world(South Sulawesi and Kalimantan).

    https://hotcopper.com.au/data/attachments/4577/4577403-97e69f1ac659e1cd2ecd4ab6eeafec67.jpg


 
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