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Latrobe Magnesium (ASX: LMG) — Company Overview, News & Financial Data

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Company profile

Latrobe Magnesium

Latrobe Magnesium is an Australian mineral development company focused on producing magnesium metal and associated industrial by-products from waste feedstocks. The company utilizes a proprietary hydrometallurgical extraction and thermal reduction process to refine brown coal fly ash and ferro-nickel slag. Its core operational assets include a 1,000 tonnes per annum demonstration plant and a planned 10,000 tonnes per annum commercial production facility located at Hazelwood North in Victoria's Latrobe Valley. Additionally, the company is advancing a large-scale international plant project in South Carolina, United States, to supply refined magnesium metal to global manufacturing and critical material markets.

Snapshot

Public AUOwnership
1986Year founded
11–50Employees
Hazelwood, AustraliaHead office
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Global footprint

Operations

Products and/or services of Latrobe Magnesium

  • Magnesium Metal Production: Refining high-purity magnesium metal from industrial waste feedstocks using a combined hydrometallurgical extraction and thermal reduction process. The critical metal is supplied to international automotive, aerospace, and metallurgical manufacturing sectors requiring lightweight structural materials.
  • Hazelwood North Demonstration Plant: Operating a 1,000 tonnes per annum demonstration facility at Hazelwood North in Victoria, Australia. The plant processes brown coal fly ash from legacy power stations to prove commercial-scale extraction of magnesium metal and valuable industrial by-products.
  • Latrobe Valley Commercial Plant: Developing a 10,000 tonnes per annum commercial production facility in Victoria, Australia. The expanded facility scales up fly ash processing to meet growing domestic and international demand for sustainably sourced magnesium metal and industrial material outputs.
  • South Carolina Expansion Facility: Developing a planned 50,000 tonnes per annum commercial extraction plant located in South Carolina, United States. The facility aims to address North American supply chain shortages by processing industrial feedstock into refined magnesium metal.
  • Supplementary Cementitious Materials: Producing supplementary cementitious materials and supplementary industrial by-products generated during the hydrometallurgical treatment process. These by-products are repurposed for low-carbon cement, construction materials, and agricultural applications, eliminating waste streams.
  • Hydrometallurgical Recycling Technology: Deploying a patented combined hydrometallurgical and thermal reduction process designed to extract minerals from magnesium-rich waste feedstocks such as fly ash and ferro-nickel slag. The technology operates with reduced emissions and zero waste streams.

Latrobe Magnesium executive team

  • Mr. David Oliver PatersonCEO & Executive Director
  • Mr. John D. S. CollierChief Financial Officer
  • Mr. Ronan GillenChief Operating Officer
  • Mr. John Robert LeeCompany Secretary & Non-Executive Director
  • Mr. Jim SiemonTechnical Director