LMG 2.08% 4.7¢ latrobe magnesium limited

general discussion, page-1228

  1. 64 Posts.
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    https://veem.com.au/veem-secures-order-for-multi-year-supply-of-hollowbar-to-latrobe-magnesium/
    21-Dec-/22
    VEEM has secured a 3-year fixed term contract + 2 x 1-year options for supply of centrifugally cast Hollowbar.

    The contract is to supply the 1,000 tpa Latrobe Valley Stage 1 Demonstration Plant, which is fully funded and expected to be operational by mid-2023.

    The contract is for VEEM to manufacture, in Australia, the Hollowbar used in the extraction process of the plant, for an initial fixed period of 3 years with options. All product is manufactured at VEEM’s Canning vale facility and will contribute to maximizing local content and local supply chains for the project. There is also the possibility that VEEM may be able to recycle up to 30% of the scrap hollowbars after they have exhausted their useful life...[continues]

 
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