LMG executes upgraded USA Distribution Agreement
Filed with ASX · · 2 pages · English
Summary by 6ix AI
The new contract includes a minimum commitment for magnesium sales and updated terms to support LMG's expansion plans for its production capacity. This agreement is significant as it positions LMG to benefit from high prices due to US anti-dumping duties on imported magnesium from China.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Latrobe Magnesium Limited on 6ix
Earlier from Latrobe Magnesium
- LMG & SLN signed binding MoU for supply of ferro nickel slag
- LMG awards pre-feasibility study for 100,000 tpa plant
- Latrobe Magnesium draws first $10M for Demonstration Plant
- LMG Reaches Financial Close For Demonstration Plant
- Updated Quarterly Activities/Appendix 5B Cash Flow Reports
Later from Latrobe Magnesium
- LMG selects Malaysia for its 100,000tpa magnesium plant
- Latrobe Magnesium picks Malaysia for 100,000 tonnes per annum magnesium plant
- Latrobe Magnesium Completes $4.2M Placement
- Progress Report
- Latrobe Magnesium to send all initial product to high-value US market
Follow Latrobe Magnesium into a list and get an email when it puts out news.
Follow Latrobe Magnesium