We've seen recently the surge in News Headlines surrounding Magnesium Shortage.
From what i can gather LMG seems to be one of the closest near term producers on the ASX?
Happy to be corrected if I'm incorrect this has just been my findings
About Latrobe Magnesium:
Shortage Articles:
-Any of the articles above can be found, just by typing in the article header-
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So you've now seen the articles surrounding the shortage & what China has done, what's interesting is recently we've even seen the federal government saying they will "set up a $2billion fund to help finance critical metal projects"
Article Link:
https://www.westernadvocate.com.au/story/7448505/new-2-billion-fund-for-critical-minerals/
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About the Magnesium market & LMG's outlook (Snippet from Investor Presentation):
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What's nice to see here is LMG show's they have a clear strategy to become a producer & their pathway to increase production as things get going.
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A nice interview for anybody wanting to get up-to-speed here which i found helpful;
Hopefully that's been abit information for some looking to get some insight into LMG/Current Magnesium Market Situation... Looking forward to see how this performs...
-Please Note: This post is entirely my opinion only, is speculation only & is NOT financial advice by any means-
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