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Latrobe Magnesium Edges Closer to Production
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Latrobe Magnesium Edges Closer to Production

Latrobe Magnesium Limited (AU:LMG) has released an update.

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Latrobe Magnesium Limited’s (LMG) Demonstration Plant is nearing operational readiness, with only ten minor issues left to address, and anticipates starting magnesium oxide production in early October, with revenue to follow soon. The plant has effectively mitigated health, safety, and environmental incidents, and is strategizing for the Stage 2 Commercial Plant. Additionally, LMG is undertaking environmental studies for a potential Stage 3 International Plant, reinforcing its commitment to growth and environmental responsibility.

For further insights into AU:LMG stock, check out TipRanks’ Stock Analysis page.

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