(NewsDirect)
Latrobe Magnesium Ltd (ASX:LMG) CEO David Paterson joins JonathanJackson in the Proactive studio to discuss the successfulcommissioning of its Stage 1 Demonstration Plant, achieving aworld-first by producing magnesium oxide (MgO) from brown coal flyash. This milestone marks LMG as the only new magnesium producer inthe western world since 2015, utilising a patented hydrometallurgicalextraction/thermal reduction technology. This unique process not onlyconverts nearly 100% of fly ash into five valuable by-products —magnesium oxide, supplementary cementitious material, silica, char,iron oxide and agricultural lime — but also does so with zerodownstream waste or tailings. LMG's sustainable production methodsemit 60% less CO2 than the industry average, aligning with globalefforts towards reduced carbon emissions. The process’s efficiencyand sustainability are anticipated to substantially lower theoperating costs of traditional magnesium and cement production.Following this initial success, LMG is preparing for a bankablefeasibility study and financing discussions for its 10,000 tonnes perannum Stage 2 Commercial Plant, which is already fully contracted. TheMgO produced at the Demonstration Plant will be sold to Rainstorm DustControl Pty Ltd under an MoU. Additionally, the technology'svalidation paves the way for forthcoming production of saleablemagnesium metal. Paterson, expressed pride in this technologicalachievement and its significance on a global scale, emphasizing thededication of LMG’s staff and contractors.
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