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0.011800000 EUR
0.0004
3.51%
Last update Apr 24, 7:30 PM CEST
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0.010400000
0.011800000
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Latrobe Magnesium Limited
0.01
0.00
3.51%

Overview

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Description

Latrobe Magnesium Limited is a materials company specializing in the production of magnesium metal using an innovative extraction process. Its primary function is to develop and operate production plants that recover magnesium and valuable by-products from industrial fly ash, a waste stream generated by brown coal power stations. The company’s flagship development is located in Victoria’s Latrobe Valley, where it has constructed a demonstration plant employing a proprietary combined hydrometallurgical and thermal reduction process to extract magnesium. This approach is notable for its lower emissions—estimated at 50% less than conventional overseas methods—and its focus on environmental sustainability by recycling 100% of power plant waste tailings, thus supporting circular economy principles. Latrobe Magnesium Limited’s projects contribute to industrial metals supply chains and underpin the growing demand for lightweight metals in automotive, technology, and construction sectors. Beyond its Australian operations, the company is advancing plans for a larger-scale facility in Malaysia, aiming to become a significant supplier of magnesium to international markets. Established in 1986 and headquartered in Hazelwood, Australia, Latrobe Magnesium Limited positions itself at the intersection of resource innovation and environmental best practice.

About

CEO
Mr. David Oliver Paterson
Employees
Address
320 Tramway Road
Hazelwood North
Hazelwood, 3844, VIC
Australia
Phone
61 3 5101 0240
Instrument type
Common stock
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Country
Germany
MIC code
XDUS
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