LMG secures $2.15 million debt funding
Filed with ASX · · 1 page · English
Summary by 6ix AI
The funding will be delivered in two facilities, one secured against expected tax rebates and the other as project funding. The company plans to develop its Latrobe Valley project and a German project with RWE Power in the coming year. LMG aims to complete feasibility studies for both projects by mid-year and begin construction later in the year.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Latrobe Magnesium Limited on 6ix
Earlier from Latrobe Magnesium
- Test Results Demonstrate Yallourn Ash Feasible
- Progress on Fast Cycle Retort Furnace Optimisation
- Positive Yallourn Fly Ash Test Results
- LMGs Progress on their Fast Cycle Reduction Furnace
- Latrobe Magnesium granted European Union patent
Later from Latrobe Magnesium
- Warrant Issue and Appendix 3B
- LMG bankable study uses proven automated horizontal retorts
- LMG granted patent for its unique Hydromet process in India
- Response to ASX Appendix 5B Query
- Latrobe Magnesium Completes Feasibility Study
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