Hi all , phantastic NEWS.15 MONTHS About Latrobe...

Hi all , phantastic NEWS.

15 MONTHS

About Latrobe MagnesiumLatrobe Magnesium is developing a magnesium production plant in Victoria's Latrobe Valley using its world- first patented extraction process. LMG intends to extract and sell magnesium metal and cementitious material from industrial fly ash, which is currently a waste stream from the Yallourn brown coal power generation.LMG has completed a feasibility study validating its combined hydromet / thermal reduction process that extracts the metal. Construction started on site in July 2021 on its initial 1,000 tonne per annum magnesium plant and production is expected by 30 September 2023. The plant will then be expanded to 10,000 tonne per annum magnesium shortly thereafter with production expected 15 months later. Further plant capacity expansion will be determined once a body of Geotech works has been carried out later this year.The plant will be in the heart of Victoria’s coal power generation precinct, providing immediate access to feedstock, infrastructure, and labour.LMG plans to sell the refined magnesium under long-term contracts to USA and Japanese customers. Currently, Australia imports 100% of the 8,000 tonnes annually consumed. Magnesium has the best strength- to-weight ratio of all common structural metals and is increasingly used in the manufacture of car parts, laptop computers, mobile phones, and power tools.The LMG project is at the forefront of environmental benefit – by recycling power plant waste, avoiding landfill and is a low CO2 emitter. LMG adopts the principles of an industrial ecology system.