LMG receives $8.79M R&D tax rebate
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Latrobe Magnesium Limited has received a significant Research & Development tax rebate funding, which is reported in this filing. The rebate amounts to a substantial sum and is intended to support the company's ongoing projects and operations. This funding will help Latrobe Magnesium to eliminate existing liabilities and continue its design and engineering work for its magnesium production plant. The company is also in discussions for project finance and potential equity investments to support its initial plant construction.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Latrobe Magnesium Limited on 6ix
Earlier from Latrobe Magnesium
- LMG makes changes to its 2020 unaudited Annual Report
- LMGs plant approved by EPA and is set to proceed
- AusIndustry provides Advance Finding for LMG R&D activities
- LMGs Plant approved by Latrobe City Council & GHD Reports
- LMG Improves Feasibility Study Results to $6.5M
Later from Latrobe Magnesium
- Quarterly Cashflow Report
- Latrobe Magnesium awards EPCM contract to Mincore
- Latrobe Valley Project Update
- LMG complete oversubscribed $3M placement
- Disclosure Document
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