Magnesium Plant Advancing in Australia

Magnesium Investing

Plans for a magnesium plant in the Latrobe Valley, Australia, are moving forward with the announcement that proponents have secured a brownfield site, Latrobe Valley Express reported.

Plans for a magnesium plant in the Latrobe Valley, Australia, are moving forward with the announcement that proponents have secured a brownfield site, Latrobe Valley Express reported.

As quoted in the market news:

Latrobe Magnesium Limited chairman David Paterson told The Express the company had finalised documentation to locate its magnesium plant, which it hoped would eventually produce 40,000 tonne of magnesium per annum, on land owned by the Di Fabrizio family on Tramway Road.

He said LMG expected to be in production in the third quarter of the 2015 calendar year. The proposal entails converting brown coal fly ash to magnesium, cement material and char.

Read the full article on Latrobe Valley Express here

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