Articles On Latrobe Magnesium (ASX:LMG)

Energy transition metal ETFs a way for retail investors to get exposure to a variety of future-facing metals and stocks Examples on the ASX include CLNE, GMTL, XMET This week’s top battery metals stocks: Trek Metals, Winsome Resources Our...

Latrobe Magnesium (ASX: LMG) has made strong progress at its pilot magnesium production plant project in Victoria’s Latrobe Valley, with 55% of all engineering completed and 70% of equipment packages tendered to the market. The pilot plant...

Pilbara Minerals sells 5,000t of lower grade (5.5%) spodumene for a record $US35.5m via Battery Material Exchange “We could see a bit of an M&A frenzy with producers like Pilbara, Allkem and IGO looking to secure strategic assets of sc...

China will extend its dominance in cathode production, increasing market share from 78% in 2022 to 87% in 2030: Benchmark And yet this will mostly be from Tier 3 producers, which currently do not supply EV market Tier 1 production — those...

Investor sentiment for rare earths stocks is flying There is about 750g of magnet rare earths on every EV motor, about 2 tonnes in offshore wind turbines  EVs, wind turbines are exponential growth sectors Our High Voltage column wraps all...

ASX 200 gains 1%  Small Caps index does the same, but then gives it all back ODE wins and NIC MD Justin Werner: Hengjaya joins world’s best nickel resources   The ASX Emerging Companies index (XEC) has given all away its early gains on Mo...

Latrobe Magnesium (ASX: LMG) is shoring-up supply for its proposed 100,000 tonne per annum magnesium plant after announcing it has inked a binding memorandum of understanding with Société Le Nickel (SLN). Under the deal, SLN will supply 450...

ASX lithium miners are raking it in, a trend set to continue for a while yet CATL’s new batteries travel an impressive +1,000km between each charge Last week’s top ASX performers: Anson, White Cliff, Dart Mining  Our High Voltage column w...

Ford slashes 3,000 jobs as shift to EVs gathers pace At least 2 significant producers in Sichuan have suspended lithium production, while another has halved output due to the heatwave-driven powercrunch: Fastmarkets Last week’s top ASX per...

75% lighter than steel and 33% lighter than aluminium, magnesium has the highest strength-to-weight ratio of all common structural metals. It is a key raw material for four important global industries: aluminium alloying (which uses up to 6...

Emerging semi-solid battery technology uses a lot more lithium; battery metal shortfall may hamper rollout Are weakening cobalt prices about to get a boost? ASX lithium stocks bouncing back as more evidence emerges of long term supply shor...

ASX mining/exploration stocks rebound in July, kinda Those explorers with exciting tales to tell last month did very well, regardless of commodity A closer look at July’s top 5: Cobre, Prospect, Ora Banda, MC Mining and Tyranna July was a...

Activities at Latrobe Magnesium’s (ASX: LMG) proposed demonstration plant in Victoria remain on schedule with over 50% of total engineering completed and half of the equipment packages tendered to the market. The company’s June quarterly re...

The US Department of Energy’s loan programs office is open to Aussie producers Energy Secretary Jennifer Granholm wants to reduce reliance on China’s battery metals Rimfire Pacific Mining gains full control of the Broken Hill Cobalt Projec...

Latrobe Magnesium (ASX: LMG) has issued a contract covering the pre-feasibility study (PFS) for its second magnesium metal project, a 100,000 tonnes per annum plant which will use ferronickel slag as its feedstock.  This plant — to be built...

Latrobe Magnesium (LMG) awards a pre-feasibility study (PFS) for its magnesium production plant in Victoria Global engineering and project management company, Bechtel, will evaluate investment options and define the selected option to help...

Effective battery recycling will be crucial to meeting future metals demand ASX battery recycling stocks include Neometals, Hannans, and Lithium Australia Weekly small cap standouts: Panther Metals, Odessa, Flynn Gold Our High Voltage col...

Battery producers look to increase energy density and drive down raw material costs CATL’s Qilin battery is 13% more powerful than the one planned by Tesla Stellantis adds 5 years to lithium offtake agreement with Vulcan Energy   Our High...

Latrobe Magnesium (LMG) has drawn its first $10 million advance of its $23 million financing facility This will enable the company to enter into agreements for its long lead capital items and continued funding for its demonstration plant T...

Latrobe Magnesium (ASX: LMG) has drawn the first $10 million advance of a $23 million financing facility for its proposed demonstration production facility in Victoria. The funds will enable the company to enter into agreements for long-lea...

Aussie-listed lithium pure plays Pilbara Minerals (ASX:PLS) and Allkem (ASX:AKE) are down 40% and 10%, respectively, year-to-date Both are pulling in record revenues Meanwhile, lithium contract prices are still rising Our High Voltage col...

Benchmark gives four reasons why Goldman Sachs is wrong on lithium oversupply claims Chinese lithium — Goldman’s most significant source of new supply — is low quality and expensive Lithium contract pricing continues to rise Our High Volt...

ASX lithium stocks suffered selldown after major investment bank Goldman Sachs called top of battery metals boom Cowen disagrees, models 19% deficit to demand from 2023-2030 Stock prices don’t reflect current high lithium prices: Jefferie...

Sans coal and oil, battery metals are blowing the rest of the commodities complex away in 2022 Lithium carbonate and hydroxide are up 85% and 127% respectively A breakdown of 2022’s five most popular ASX battery metals stocks Our High Vol...

Cobalt deficit starts to widen from 2024, with no end in sight Labor’s election victory good for “battery material stocks, hydrogen, or new technology”: Far East Capital Booming EV sales will still fall well short of 2050 targets, IEA says...

High prices for raw materials like lithium and nickel add ~$US12,600 to cost of Silverado EV Carmakers, battery makers increasingly investing in cheaper, better solid-state tech This week’s biggest ASX movers: Galileo, Conico, Greenstone...

Latrobe Magnesium (ASX: LMG) has taken out a $23 million loan to fund ongoing construction of its demonstration magnesium production plant in Victoria’s Latrobe Valley. The company signed the documents this week with specialist lender RnD F...

To find 10-bagger stocks investors often go “where the industry is less comfortable”: Rick Rule But risks abound. Lithium favourite AVZ is the latest ASX stock to potentially come unstuck in a Third World jurisdiction Global energy transit...

Latrobe Magnesium (ASX: LMG) has completed 40 per cent of engineering and early works at its Victorian site, with the site remediated and now ready for construction. This comes as the company reports that, after a recent fall in Chinese mag...

Statevolt plans battery metals plant in US, signs lithium supply deal with Controlled Thermal Resources WA’s Curtin University gets $50m Trailblazer funding for resources technology and critical minerals hub Weekly ASX battery metal st...

Are high fuel prices accelerating the EV transition? Macquarie says ‘valuation upside remains for all covered ASX lithium and rare earths stocks’ Biggest ASX movers this week: Krakatoa Resources, Ragnar Metals, GME Resources, Jindalee Reso...

Canada is slated to invest $2b in nickel, lithium, cobalt, and magnesium Prime Minister Justin Trudeau’s government is due to release its budget on Thursday Weekly ASX battery metal standouts include Golden Deeps, Latin Resources and R...

Early works for Latrobe Magnesium’s (ASX: LMG) 1,000 tonnes per annum magnesium demonstration plant in Victoria’s Latrobe Valley have paved the way for remediation and preparation of the site for major construction works. The project’s crit...

Anecdotal evidence suggests EVs more popular as fuel prices soar Weekly ASX battery metal standouts include St George, Riversgold, Ragusa and Moho  Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, co...

London Metals Exchange stops nickel trading after price hits $US100,000/t Weekly ASX battery metal standouts include Metals Australia, Cobalt Blue and Impact Minerals  Our High Voltage column wraps all the news driving ASX stocks with exp...

Ukraine war could push already high nickel, lithium prices higher Australian producers positioned to benefit: Far East Capital’s Warwick Grigor Weekly Winners: Lodestar Minerals, Metals Australia, Lynas Rare Earths Our High Voltage column...

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, manganese, magnesium, and vanadium.   After a huge collective performance in 2021, the froth has been blown off l...

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.