Latrobe Magnesium Limited Selects Malaysia for its 100,000tpa magnesium plant
- Latrobe Magnesium (LMG) selects Samalaju Industrial Park in Sarawak, Malaysia as the preferred location for its 100,000-tonne-per-annum magnesium plant project
- LMG says the Samalaju Industrial Park will use hydroelectric power generation, allowing the company to operate with 100 per cent renewable energy
- The project is approved for a 40-hectare site, with preparations to commence following land application approvals and pre-feasibility studies
- This opportunity positions the company to become the world’s cleanest and largest magnesium producer by volume
- LMG shares are down 1.64 per cent, and trading at six cents at 1:55 pm AEDT
