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Latrobe Magnesium Limited Company Snapshot
Latrobe Magnesium Limited is an Australia-based company, which is working to develop a demonstration magnesium production plant in Victoria's Latrobe Valley through the process of combined hydro-met / thermal reduction. Latrobe Valley Project provides approximately 3,000 tons per annum demonstration plant to convert fly ash resource into magnesium metal, supplementary cementitious material (SCM), amorphous silica, char and iron oxide using its process. The Company's hydromet extraction process includes dissolving Magnesium (Mg), iron and calcium minerals with Hydrochloric Acid (HCl), and leaching out magnesium as MgCl2; removing Iron Oxide (Fe2O3) and calcium as Calcium Carbonate CaCO3; converting MgCl2 into Magnesium Oxide (MgO) and recovering the HCl for reuse in the process; and processing MgO into Mg and SCM using the thermal reduction process.

Sales Analysis. During the second fiscal quarter of 2021, sales at Latrobe Magnesium Limited totalled A$305,895.00 . This is an increase of 30.0% from the A$235,284.00 in sales at the company during the second quarter of 2020. During the year ended June of 2020, sales at Latrobe Magnesium Limited were A$708,781.00 (US$516.60 thousand). This is a decrease of 0.1% versus 2019, when the company's sales were A$709,782.00 .
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Latrobe Magnesium Limited
  Stock Performance Chart for Latrobe Magnesium Limited
  Stock Data: Recent Stock Performance:
  Current Price (9/17/2021): .03
(Figures in Australian Dollars)
1 Week 8.7%   13 Weeks 28.2%  
4 Weeks 56.3%   52 Weeks 4.2%  
Latrobe Magnesium Limited Key Data:
  Ticker: LMG Country: Australia
  Exchanges: FRA ASX Major Industry: Materials
    Sub Industry: Nonferrous Metals
  2020 Sales 708,781
(Year Ending Jan 2021).
Employees: 1
  Currency: Australian Dollars Market Cap: 32,412,577
  Fiscal Yr Ends: June Shares Outstanding: 1,296,503,069
  Share Type: Ordinary Closely Held Shares: 533,361,186
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