Latrobe Magnesium Ltd (LMG)

Sydney
0.068
-0.002(-2.86%)
  • Volume:
    430,384
  • Bid/Ask:
    0.068/0.069
  • Day's Range:
    0.068 - 0.070

LMG Overview

Prev. Close
0.07
Day's Range
0.068-0.07
Revenue
1.1M
Open
0.069
52 wk Range
0.016-0.18
EPS
0
Volume
430,384
Market Cap
108.77M
Dividend (Yield)
N/A
(N/A)
Average Volume (3m)
4,010,331
P/E Ratio
-
Beta
1.22
1-Year Change
283.33%
Shares Outstanding
1,599,526,551
Next Earnings Date
-
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Latrobe Magnesium Ltd News

Latrobe Magnesium Ltd Company Profile

Latrobe Magnesium Ltd Company Profile

Sector
Materials
Employees
0
Market
Australia

Latrobe Magnesium Limited is an Australia-based company, which is working to develop a demonstration magnesium production plant in Victoria’s Latrobe Valley through the process of combined hydro-met / thermal reduction. Latrobe Valley Project provides approximately 3,000 tons per annum demonstration plant to convert fly ash resource into magnesium metal, supplementary cementitious material (SCM), amorphous silica, char and iron oxide using its process. The Company’s hydromet extraction process includes dissolving Magnesium (Mg), iron and calcium minerals with Hydrochloric Acid (HCl), and leaching out magnesium as MgCl2; removing Iron Oxide (Fe2O3) and calcium as Calcium Carbonate CaCO3; converting MgCl2 into Magnesium Oxide (MgO) and recovering the HCl for reuse in the process; and processing MgO into Mg and SCM using the thermal reduction process.

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