Articles On Latrobe Magnesium (ASX:LMG)

Prices for rare earths neodymium and praseodymium have exploded to record highs Chinese rare earth company swoops on Aussie junior Peak Rare Earths (ASX:PEK) Desperate battery makers continue buying lithium at any price Our High Voltage c...

Cobalt prices hit US$70,000/t in December; a 119% increase over 12 months ‘While Gigafactories pop up at record speeds, developing industrial-scale [cobalt] mines still takes 10-15 years’: Eurasian Resources Group Lithium producers are rak...

Latrobe's demonstration plant development is progressing well, made more relevant by magnesium supply shortages caused by Chinese policy crackdowns. The company has moved to bring forward expansion of the production plant, due to the curren...

Latrobe Magnesium (LMG) spent the December quarter progressing the development of its magnesium production plant in Victoria’s Latrobe Valley Forced plant closures and reduced capacity in Shaanxi, who produces 65 per cent of the world’s ma...

The ASX edged higher in a fairly directionless session in Thursday trade, after US markets comfortably digested the latest round of inflation data overnight. The iron ore majors led the way with strong demand across the board, with more mut...

Magnesium prices in China have surged to ~$US7,846/t for the first time in three months, and are expected to stay high amid tightening environment controls, according to S&P Global Platts. Magnesium is a light and strong ‘green metal’ w...

Where 2020 was all about gold, palladium and iron ore, 2021 has been dominated by the EV thematic. Battery metals prices posted strong year-to-date gains across the board. According to Benchmark Mineral Intelligence, the lithium index was u...

The Latrobe Magnesium Limited (ASX: LMG) share price is heading south on Friday. This comes after the magnesium producer announced an update on the revised terms of a project finance facility. During early afternoon trade, Latrobe Magnesiu...

La Trobe Magnesium (LMG) has managed to reduce the interest rate for its $23 million financing facility with RnD Funding The Victorian magnesium producer will pay a reduced interest rate of 12 per cent, down from 14 per cent, on the loan...

Depending on the timing and amount of research and development (R&D) tax refunds, the effective interest rate on the project finance facility to October 31, 2023, may be closer to 10%.

The Latrobe Magnesium Limited (ASX: LMG) share price is in the red today following a loan facility announcement. Shares in the magnesium company fell as low as 9.6 cents today after opening at 11 cents. At the time of writing, they’ve cla...

The company is now fully funded to construct its plant in the Latrobe Valley and prove its patented technology and has its sights set on the American and Japanese markets.

The Latrobe Magnesium Limited (ASX: LMG) share price is climbing today following a mining update from the company. After surging to an intraday high of 11.5 cents in early trade, the Latrobe Magnesium share price dropped back to its prev...

Clean metals producer Latrobe Magnesium (ASX: LMG) has announced its intention to buy a property in Victoria that it has been leasing for the last eight months for $4.5 million. The company today said it has exercised its option to buy the...

La Trobe Magnesium (LMG) purchases a steel fabrication plant for a fixed price of $4.5 million The Di Fabrizio family, have accepted a consideration of $2.25 million in cash with the remaining cost to be issued in 22.5 million shares at 10...

The site is close to rail, freeway, gas and water pipelines, as well as a new solar power development passed by the Latrobe City Council and which is in the permitting stage with the Victorian State Government.

For the first time in over a month, the ASX finished a week higher than where it began — even with the bourse declining on an intraday basis. The ASX 200 closed at 7,353 points which was 0.42% lower than yesterday, but up 1.6% from last Fri...

Aspiring graphite miner Black Rock invited to finalise agreement with Tanzanian government Cauldron Energy dusts off Yanrey uranium project, despite government opposition Redstone (copper, cobalt), Latrobe (magnesium) and Empire (gold, cop...

For the second month in a row the ASX was hit by a major sell-off in the last few days of the month and it took the bourse from what was then a 0.5% gain to a 1.56% loss in November. Just when we thought we were out of the worst of COVID, w...

The Latrobe Magnesium Limited (ASX: LMG) share price is suffering on the ASX today despite the release of a seemingly positive update. The company updated the market on the ongoing build of its Latrobe Valley Demonstration Plant this morni...

The company intends to extract and sell magnesium metal and cementitious material from industrial fly ash, which is a waste stream from the Yallourn brown coal power generation, using its world-first patented extraction process.

Clean metals producer Latrobe Magnesium (ASX: LMG) is moving closer towards construction of a demonstration magnesium processing plant located in Victoria’s Latrobe Valley. The company said some of the early siteworks have progressed signif...

Welcome to the Market Herald Deal Room’s review of the week’s capital raising activity and this week the biggest raise of $360 million was by Kerry Stokes’-backed BCI Minerals (BCI). Combined with a $740 million debt facility, BCI’s rais...

The ASX finished the day in the green and Ventia Service (ASX:VNT) defied the pattern of $1b+ floats underperforming by gaining 22% on its opening day. Also listing today was Cooper Metals (ASX:CPM) and it had a gain too, rising 10% today....

Local stocks edged higher on Thursday, as the ASX 200 closed up by 0.13% following two days of losses. Banking stocks fell again after getting hammered yesterday, while money moved back into big-name gold stocks as inflation jitters continu...

Shares in Latrobe Magnesium (LMG) rise after the company bolsters revenue forecasts for its Latrobe Valley project in light of key offtake deals and strong magnesium prices Initial revenue estimates for the project were based on a June mag...

If the current magnesium price holds, LMG’s EBITDA estimate for its planned 10,000 tonnes per annum Latrobe Valley plant will increase by around A$56 million.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Demand for magnesium metal remains strong with the price rebounding and allowing emerging producer Latrobe Magnesium (ASX: LMG) to lift its revenue forecasts. The company says if the current price holds that will increase revenue over forec...

The ASX lost ground on Wednesday, as the banks struggled and the US dollar strengthened as markets continue to assess the prospect of tighter monetary policy and its potential effect on asset prices. Commonwealth Bank (ASX:CBA) tanked in th...

Shares in Latrobe Magnesium Limited (ASX: LMG) are sliding again today and are trading 10.71% down at 12.5 cents at the last check. It was a generous start to the month for Latrobe Magnesium investors. Shares in the magnesium specialist c...

The hot debut of Evolution Energy Minerals (ASX:EV1) was not enough to save the ASX resources sector from falling today. The ASX 200 finished 0.67% down at 7,420 points. All sectors were down except tech, which gained 0.18%. In contrast, mo...

The ASX posted steady gains to start the week on Monday, with investors preferences leaning towards tech/consumer stocks and gold (unusual bedfellows) at the expense of the big banks and iron ore majors. Companies that specialise in the pre...

Wall Street was lower for the week US stocks rebounded on Friday, but finished the week lower after an inflation data-triggered selloff on Wednesday. All three US stocks benchmarks rose, led by tech – the Dow Jones by 0.5%, the S&P 500...

The ASX had a positive finish to the week although it is in negative territory for the week. The ASX 200 closed at 7,443 points which is up 0.83% from yesterday but slightly down from the 7,457 mark it closed at last Friday. Today, the only...

Amid mounting demanding and customer enquiries for its proposed magnesium products, Latrobe Magnesium (ASX: LMG) has completed an $11.5 million placement – enabling it to fast-track construction of its initial plant. The company announced t...

The Latrobe Magnesium Limited (ASX: LMG) share price hit its highest point in 21 years today after the company came out of a trading halt. The magnesium producer informed the market this morning that it has completed an oversubscribed pla...

The capital will help fund the construction of an initial 1,000 tonnes per annum magnesium plant in the Latrobe Valley during the first quarter of 2022, which will increase capacity to 10,000 tonnes by the end of 2023.

Latrobe Magnesium (LMG) raises $11.5 million through a placement to sophisticated and institutional investors The company will issue 115 million shares to investors at 10 cents each, along with 28.75 million attaching options exercisable a...

The ASX 200 climbed off its midday lows, but still closed in the red following a weak lead from Wall St, after US inflation data gave investors more jitters around the outlook for stubborn inflation and higher interest rates. Gold stocks we...

After climbing into midday trade, the ASX 200 lost ground in the afternoon to finish 0.14% lower. There were sharper falls in the ASX microcap Emerging Companies index, which fell by 1.63% — its worst session since September 20. At the big...

Latrobe Magnesium (LMG) has placed its shares in a mid-week trading halt as the company plans to unveil a proposed capital raise The company’s securities will remain halted from trading until Friday, when full details of the financing are...

ASX-listed Latrobe Magnesium is looking for $8 million to $10 million in fresh funds, a week after deciding to add capacity to its Victorian plant.

The Latrobe Magnesium Limited (ASX: LMG) share price skyrocketed today. In fact, the magnesium share has collected a new all-time high, with the share price reaching 15 cents apiece. It appears both macro and micro events are aiding in th...

The ASX closed down again today in spite of resources and tech gaining over 1%. The ASX 200 fell 0.24%, closing at 7,434 points. Despite the gains in resources and tech most other sectors fell with financials, property and energy retreating...

ASX magnesium stocks Latrobe, Korab make gains as shortage set to bite EU carmakers early 2022 Construction materials stock Mayur wants to be ‘carbon neutral’ lime and cement supplier Pearl Gull hits upper high grade iron ore in drilling...

The ASX started the week on a downward note with tech leading the laggards despite one of Australia’s major unicorns joining the bourse and gaining over 30%. SiteMinder (ASX:SDR), a hotel commerce platform, listed on the ASX at $5.06 per sh...

AIC Mines (ASX:A1M) led a group of 30 stocks running hot this week, amid another spate of big mining hits, M&A deals and clean energy winners. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Stre...