LMG 2.17% 4.7¢ latrobe magnesium limited

https://www.sltrib.com/news/environment/2023/08/07/cleanup-superf...

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    https://www.sltrib.com/news/environment/2023/08/07/cleanup-superfund-site-hinges/


    https://www.fox13now.com/news/local-news/utah-settles-with-u-s-magnesium-over-years-of-environmental-violations

    "
    Events, Trends, and Issues: Production issues continued throughout the year at the only U.S. primary magnesium smelter. On September 29, 2021, the producer of primary magnesium in Utah declared force majeure on supply contracts, citing equipment failures. Details on the amount of capacity affected and the expected restart date were not reported by the company. In 2022, some customers reported temporarily shutting down some facilities citing magnesium shortages including a facility in Indiana that produces aluminum can sheet which shut down some capacity in July until September when an alternative source of magnesium was obtained.

    The shutdown of capacity in Utah was cited as the reason why the average annual U.S. spot Western price nearly doubled from the annual average price in 2021. In August, the producer applied for a permit to extend the brine intake canals on the Great Salt Lake into deeper water, but in December the permit was denied by State regulators. The producer stated that the declining water level after several years of drought threatened to disrupt production."



    https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://pubs.usgs.gov/periodicals/mcs2023/mcs2023-magnesium-metal.pdf&ved=2ahUKEwjPoeCXqdKCAxWnSfUHHSPjCZUQFnoECBcQAQ&usg=AOvVaw1srdUxnBLS_CxcAg8vQO-4
 
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