Articles On Latrobe Magnesium (ASX:LMG)

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...

The ASX had a positive finish to the week taking its weekly return to 1.8%. Today the ASX 200 closed at 7,457 points, 0.39% higher than yeterday. Tech was heavily sold off, shedding 1.64% but almost all other sectors were in the green with...

What happened to the most talked about metals and minerals in October? Investor sentiment for commodities went ballistic, almost across the board. Copper was back in vogue, rising above US$10,000/t for the first time since May. The close of...

Latrobe Magnesium will produce magnesium from the waste products of coal-fired power plants using a proprietary hydromet technology Yallourn Power Station has sufficient fly ash to supply a 40,000 tpa plant for the next 20 years

Latrobe Magnesium (ASX: LMG) is looking to expand its proposed magnesium demonstration plant in Victoria to 10,000 tonnes per annum as the world faces a critical shortage. Following a decision from the board, Latrobe will now investigate th...

Shares in Latrobe Magnesium (LMG) spike after the company announces it has more-than-tripled planned production from its Victorian demonstration plant The company is looking into increasing the size of the initial plant from 3000 tonnes pe...

The revitalised demonstration hub will generate 10 times its initial magnesium output every year.

After a few weeks when the Hot Money column briefly turned into a ‘bizarro Viagold update’, the ASX put an end to that when it put the obscure rare earths play into suspension on October 15, pending “further enquiries”. This week a new lead...

Niv Dagan, Peak Asset Management BUY RECOMMENDATIONS Latrobe Magnesium (LMG) LMG is one of the few ASX listed stocks with exposure to the burgeoning magnesium market. The Latrobe Valley magnesium project is advanced and the demonstration pl...

After a positive Monday to Thursday, the ASX wiped out gains made across the week, losing more than 1% today The ASX followed a plunge on Wall Street with the ASX 200 closing at 7,324, which was 1.44% lower than yesterday’s close. While Wal...

Another in-demand resource is skyrocketing in price as buyers are at the peril of a short-handed China. Today, ASX-listed magnesium shares enjoyed a rapid growth spurt in value as a shortage unfolds. This follows reports of mere weeks’ wor...

The ASX finished in the green by just 0.03%. Today’s gain was spurred by a 1.34% rally in tech shares as well as a rally in Crown (ASX:CWN) shares in the wash-up of the Victorian government’s royal commission. Despite the report finding the...

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...

The timing could not have been better. Last week, Latrobe Magnesium (ASX: LMG) announced an oversubscribed $3 million placement, money that will be used to fast-track completion of design and engineering services for the initial magnesium d...

Clean metals producer Latrobe Magnesium (ASX: LMG) has secured $3 million through a share placement to fast-track design and engineering work on a demonstration magnesium plant in Victoria’s Latrobe Valley. The oversubscribed capital raisin...

The ASX saw a frenzy of M&A deals today and it sent the market higher. Companies completing deals included Ramelius Resources (ASX:RMS) buying Apollo Consolidated (ASX:AOP) and Class (ASX:CL1) being acquired by Hub24 (ASX:HUB) along wit...

It’s been a mixed week for the ASX but it has finished on a high. The ASX 200 closed 0.69% higher than yesterday, closing at 7,362 which marked a 3 week high but is still 3.5% above the all time high reached in mid-August. Travel stocks gai...

On a day Facebook was out for 6 hours, the tech sector – in Australia and abroad – was sold off and that was enough to send the ASX into negative territory. The ASX 200 closed 0.41% down at 7,248 points and tech was easily the worst sector,...

Those stocks exposed to the mushrooming clean energy thematic likely did very well in September 2021, but there were two massive standouts: lithium and uranium. It was a wild month for Chinese lithium carbonate prices, which surged to anoth...

As investors increasingly use Environmental, Social and Governance (ESG) criteria as a set of standards for consideration in their investment decisions, some small and mid-caps are excelling at setting a benchmark. Environmental, Social an...

September 2021 was the worst month for the ASX since March 2020 but the 50 best stocks gained 57% or more. Despite a positive close on September 30, the ASX finished the month down 2.59% and nearly 4% lower since mid-August. While the stimu...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

China’s energy crisis and pollution control curbs are playing havoc with a range of commodities, including some that have been slept on by mainstream investors. While we are all familiar with the radical impact steel refinery closures and c...

Local stocks closed in the red on Wednesday (as expected), after US stocks posted their biggest fall since June overnight. The ASX 200 threatened to tank early but gained back some ground in afternoon trade to finish 1.08% lower. By sector,...

The Aussie share market has fallen for two consecutive days, down by 0.46% today. Seven sectors were down, while four rose. Utilities and Mining were the worst peforming sectors, while Healtcare and IT were the best. In big cap news today,...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.   WINNERS Scr...

Summary Yojee has announced that it had cleared the way to deliver its Platform into 18 countries in the APAC region. RDH’s share price gained 16.8% to AU$0.9 after the company entered into a term sheet with iCollege for its Off-Market...

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...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

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...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

A quick wrap of the key winners and losers on Friday, May 15. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Code Company Price % Change Volume...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

By Tim Boreham, Editor, The New Criterion When a stock is trading at a fraction of a cent, it’s usually a message for investors to abandon all hope and sell for the tax losses while they can. But ‘penny dreadful’ shares can sometimes rise...