LMG 2.00% 4.9¢ latrobe magnesium limited

MgO significance that I can think of...MgO is a white powder or...

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    MgO significance that I can think of...

    • MgO is a white powder or pellets that will be bagged for transport.
    • MgO will be sold to a WA company
    • MgO will only be produced for about three months.
    • MgO is only an interim product until Mg metal
    • MgO from fly ash will be a first in the world.
    • MgO by LMG will be the first company in the southern hemisphere where commercial magnesium oxide is produced.
    • MgO will demonstrate LMG's patented, world-first hydromet process can be operated successfully, and prove to all stakeholders the true value of its intellectual property.
    • MgO is then able to be reduced to Mg. The process involves the use of a MgO and C mixture in pellet form with a molten metal solvent such as Pb, Sn, Bi or Sb.
    • The step from MgO to Mg production relies upon gas, reduction furnace and chemical additives.
    • With MgO production, we are in near sight of our first magnesium metal ingots and exports.

    I would hope there is a bonza announcement, wide media coverage and celebration.

    The MgO production by LMG is a significant milestone. Perhaps MgO production is a milestone that is currently underestimated?

    Not far to go for a very important and groundbreaking time for LMG. A paradigm shift from research to production. A new kid on the block that has a swagger.

    Will LMG commence MgO according to schedule? We will soon see.

    Will MgO production cause a stir within the media, the market and the industry? We will see.

    Sure looks like we may soon have a large sigh of relief and cause for celebration imo.
 
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