LMG MoU with RWE Power for a German magnesium plant
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Latrobe Magnesium Limited has signed a Memorandum of Understanding with RWE Power AG to develop a magnesium plant in Germany. The plant aims to produce magnesium from brown coal fly ash sourced from RWE's Hambach mine. The project will progress through four stages, including feasibility studies and construction, contingent on the successful completion of each prior stage. This initiative is expected to enhance LMG's international presence and acceptance of its patented extraction process.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Latrobe Magnesium Limited on 6ix
Story so far
Earlier from Latrobe Magnesium
- LMG MOU to appoint USA distributor for sale of Magnesium
- LMG moves to last stage of bankable feasibility study
- LMG successful commercial tests in China smelter
- Quarterly Cashflow Report June 2011
- Bulk treated fly ash dispatched to China for testing
Later from Latrobe Magnesium
- LMG acquires remaining 50% interest in its hydromet process
- LMG to raise $1.5m in Placement and Share Purchase Plan
- AusIndustry provides finding for LMGs R&D Activities
- LMG granted Indonesian patent for its hydromet process
- LMG Receives $560K R&D Tax Incentive Funding
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