Latrobe Magnesium Limited (AU:LMG) has released an update.
Latrobe Magnesium Limited (LMG) has achieved a breakthrough by producing the world’s first sustainable Magnesium Oxide (MgO) from brown coal fly ash, positioning itself as the first new magnesium producer in the western world since 2015. The company’s proprietary process not only converts all the fly ash into valuable by-products but also cuts CO2 emissions by 60%. With magnesium’s growing demand in industries such as automotive and no current producers in several major regions, LMG’s innovation represents a significant advancement in sustainable magnesium production.
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