LMG 2.17% 4.7¢ latrobe magnesium limited

Magnesium Shortage - LMG Near Term Producer

  1. 13,940 Posts.
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    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:
    lmg about.jpg

    lmg highlights.jpg


    Shortage Articles:



    mag shortage 2.jpg mag shortage 3.jpg mag shortage 4.jpg mag shortage 5.jpg mag shortage 6.jpg mag shortage.jpg
    -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/
    western advocate.jpg
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    About the Magnesium market & LMG's outlook (Snippet from Investor Presentation):
    lmg market.jpg


    LMG China supply.jpg


    _______________________________________________

    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.

    lmg producer.jpg


    lmg pathway.jpg
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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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