Latrobe Magnesium LMG.AX · AUD

Its shares trade on ASX under the ticker LMG.AX. It has been listed since 18 December 1986. In the fiscal year to 30 June 2025, it reported revenue of A$2.7m and a net loss of A$2.7m. At that date it held total assets of A$92.5m and shareholders' equity of A$48.7m.

Latrobe Magnesium Ltd. engages in the development of hydromet process and adopting the thermal reduction process to produce magnesium metal from fly ash, a power plant waste product and environmental pollutant. The company is headquartered in Sydney, New South Wales. The firm is also involved in securing memorandum of understanding (MoU) with Japanese and the United States distributors for the sale of magnesium. The firm has a MoU with RWE Power AG to continue to develop a magnesium plant capable of producing approximately 30,000 tons per annum of magnesium from brown coal fly ash from its Hambach mine near Cologne, Germany. The firm's plant will be located in the Latrobe Valley in Victoria, Australia. The firm intends to harvest magnesium metal from industrial fly ash, which is a waste product of brown coal power generation. The firm intends to make a supplementary cementitious material (SCM) from the Latrobe Valley brown coal fly ash. The firm's plant will use an extraction process of combined hydromet/thermal reduction to extract the metal. The firm intends to sell the refined product to Australian, Japanese and American users.

Figures and description from our data supplier, not checked against the company's own report.

• Mr. John MurrayNon-Executive Chairman of the BoardA$62,500
• Mr. David PatersonChief Executive Officer, Executive Director, since 2018A$505,802
• Mr. John CollierChief Financial Officer
• Mr. Ronan GillenChief Operating Officer
• Mr. John LeeCompany Secretary, Non-Executive Director, since 2010A$68,404
• Mr. Philip BruceNon-Executive DirectorA$38,404

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