Proactiveinvestors Australia Latrobe Magnesium Ltd https://www.proactiveinvestors.com.au Proactiveinvestors Australia Latrobe Magnesium Ltd RSS feed en Tue, 22 Jan 2019 09:10:10 +1100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Latrobe Magnesium receives patent for hydromet process in India ]]> https://www.proactiveinvestors.com.au/companies/news/212367/latrobe-magnesium-receives-patent-for-hydromet-process-in-india-212367.html Latrobe Magnesium Limited (ASX:LMG) has received a patent in India for its hydromet process which utilises spent fly ash from brown coal-powered electricity generation to produce magnesium.

In making magnesium, LMG’s hydromet process produces at least 60% fewer carbon emissions than Chinese magnesium.

Efficient production of magnesium

This unique process involves the treatment of spent fly ash from brown coal-powered electricity generation using chemicals to reduce sulphur, iron and silicon to acceptable levels.

Beneficiated material is then used as feedstock in the thermal reduction process.

The result is an efficient means of producing magnesium as well as supplementary material extracted from tailings of industrial fly ash.

Previous patents granted

Patents for Australia, Europe, the United States and Indonesia were granted in August 2011 for a total of 20 years.

All these countries as well as India are known to have large lignite/brown coal deposits.

With the patent now granted in India, LMG will investigate potential licensing opportunities.

- Jessica Cummins

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Thu, 10 Jan 2019 22:38:00 +1100 https://www.proactiveinvestors.com.au/companies/news/212367/latrobe-magnesium-receives-patent-for-hydromet-process-in-india-212367.html
<![CDATA[News - Latrobe Magnesium granted patent for unique hydromet process ]]> https://www.proactiveinvestors.com.au/companies/news/167197/latrobe-magnesium-granted-patent-for-unique-hydromet-process-167197.html The Australia, U.S. and China patents have already been granted for 20 years starting from August 2011.

The process involves the treatment of spent fly ash from brown coal / lignite-powered electricity generation using chemicals to reduce sulphur, iron and silicon to acceptable levels.

Latrobe is expected to complete its feasibility study soon, validating the combined hydromet / thermal reduction process that extracts the metal.

Production from the company’s initial 5,000 tonne per annum magnesium plant in Victoria's Latrobe Valley is due to start at the end of 2017.

The plant will be in the heart of Victoria’s coal power generation precinct, providing immediate access to feedstock.

Latrobe plans to sell the refined magnesium under long-term contracts to Australian and overseas users.

Currently, Australia imports 100% of the 10,000 tonnes of magnesium annually consumed.

Magnesium has the best strength-to-weight ratio of all common structural metals and is increasingly used in the manufacture of car parts, laptop computers, mobile phones and power tools.

Latrobe has lodged a patent applications for the hydromet process in March 2013 for India and all countries within the European Union.

The patents for these two territories are expected to be granted later this year.

Latrobe’s share price has increased by 250% since the start of 2016, last trading at $0.028.

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Tue, 11 Oct 2016 15:30:00 +1100 https://www.proactiveinvestors.com.au/companies/news/167197/latrobe-magnesium-granted-patent-for-unique-hydromet-process-167197.html
<![CDATA[News - Latrobe Magnesium Ltd to update on capital raising ]]> https://www.proactiveinvestors.com.au/companies/news/154644/latrobe-magnesium-ltd-to-update-on-capital-raising-69733.html Latrobe Magnesium Ltd (ASX:LMG) has been granted a trading halt by the ASX, pending details on a capital raising.

The halt will remain in place until the opening of trade on Wednesday 13th July 2016, or earlier if an announcement is made to the market.

Latrobe Magnesium is developing a magnesium production plant in Victoria's Latrobe Valley using its patented extraction process.

With the recent acquisition of Ecoengineers Pty Ltd, Latrobe now owns 100% of the hydromet process and its patents.

This acquisition adds value to LMG and assists with the raising of funding for its initial plant.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 11 Jul 2016 15:30:00 +1000 https://www.proactiveinvestors.com.au/companies/news/154644/latrobe-magnesium-ltd-to-update-on-capital-raising-69733.html
<![CDATA[News - Latrobe Magnesium Ltd signs off take with Japanese trading house ]]> https://www.proactiveinvestors.com.au/companies/news/154643/-latrobe-magnesium-ltd-signs-off-take-with-japanese-trading-house-67521.html Latrobe Magnesium Ltd (ASX:LMG) has signed an agreement with Tokyo's largest titanium and magnesium trading house to acquire 4,000 tonnes of magnesium per annum from the planned production facility in Morwell, Victoria.

Under the MoU, Advanced Material Corporation of Japan has also agreed to provide a deposit against the sales contract to assist with costs of acquiring, installing and commissioning LMG’s expanded plant.

AMCJ will also assist LMG to obtain financial assistance from the Japanese government owned banks for the funding of its initial and expanded plants.

However, this is likely the first of four offtake agreements that could see all magnesium and cementitious material sold from the plant. 

The offtake agreements form the basis for funding of the new plant.

A feature of the proposed LMG plant and interest from Japananese magnesium buyers is the low carbon footprint, which emits 60% less emissions than the Chinese plants.

The commitment is subject to LMG completing a satisfactory feasibility study and securing financial close for the plant’s construction.

LMG said it believes it will pre-sell most of the 40,000 tonnes per annum of planned magnesium production.

There are very few impurities in LMG’s beneficiated fly ash, it currently produces 99.7% pure magnesium before the refinery stage against normal dolomite production which is in the order of 95%.

Japan currently uses 40,000 tonnes of magnesium per annum and this is projected by industry sources to increase with greater use of magnesium by the motor vehicle industry.


Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

 

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Tue, 15 Mar 2016 13:30:00 +1100 https://www.proactiveinvestors.com.au/companies/news/154643/-latrobe-magnesium-ltd-signs-off-take-with-japanese-trading-house-67521.html
<![CDATA[News - Latrobe Magnesium readies to raise funds ]]> https://www.proactiveinvestors.com.au/companies/news/154642/latrobe-magnesium-readies-to-raise-funds-61723.html Latrobe Magnesium (ASX:LMG) is developing a magnesium production plant in Victoria's Latrobe Valley using its world-first patented extraction process.

Last month the company progressed the first of its large-scale concrete trials on the supplementary cementitious material (SCM) from its recently processed China sample.

The SCM is being targeted as a commercial by-product of LMG’s process of extracting magnesium from large volumes of spent fly ash in Victoria’s Latrobe Valley.

The price of its SCM will be set somewhere between the cost of fly ash and the cost of cement delivered in Melbourne. These costs are between $120-180 per tonne.

The revenue generated by this product significantly enhances the value of the Latrobe Magnesium project.

LMG’s SCM is produced without emitting any CO².

LMG is now heading to market with a capital raising, and the ASX has granted the company a trading halt.

The halt will remain in place until the opening of trade on Wednesday 15th April 2015, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 14 Apr 2015 07:00:00 +1000 https://www.proactiveinvestors.com.au/companies/news/154642/latrobe-magnesium-readies-to-raise-funds-61723.html
<![CDATA[News - Latrobe Magnesium's technology produces magnesium ]]> https://www.proactiveinvestors.com.au/companies/news/154641/latrobe-magnesiums-technology-produces-magnesium-58721.html Latrobe Magnesium (ASX:LMG) has successfully processed its bulk sample of beneficiated fly ash to produce magnesium metal and cementitious material in its first full scale commercial smelter tests in China.

The BFA was prepared using LMG’s unique hydromet patented process.

Test work involved smelting three charges of some 150 kilograms each through a commercial retort at the Wu Long’s magnesium plant in Shanxi province.

This work was managed and supervised by LMG’s Chinese construction partner, BTE Engineering Co.

Based on initial data, magnesium recoveries are in the range between 80% and 90%. Final numbers will be determined once more comprehensive assaying has been completed, upon the materials return to Australia.

At the lower end of the range, the magnesium recoveries are already 5% higher than the average magnesium recovery levels of Chinese plants that process dolomite, reflecting the advantage of LMG’s unique BFA feedstock.

This work replaces pilot plant tests that might otherwise have been required and has addressed directly any scale-up risks using BFA as a feedstock in a full scale commercial operation.

By mid-November the magnesium crowns and the cementitious material from each test will be returned to LMG in Australia for further chemical and mineralogical analyses.

The large amount of cementitious material generated will enable large-scale cement tests to be completed.

Previous test work will be replicated to confirm the earlier results, together with a full suite of cement tests to determine the specific properties and advantages of this cementitious material.

This work will take 56 days to complete, although 80% of data is expected to be available within 28 days. Initial results should be available late December with the full tests results due by the end of January 2015.

Following the completion of the cement tests, LMG will be able to commence its bankable feasibility study and its negotiations with potential customers who have expressed interest in entering into long term supply agreements.

Magnesium has the best strength-to-weight ratio of all common structural metals and is increasingly used in the manufacture of car parts, laptop computers, mobile phones and power tools.

In October, the company received a Research and Development tax rebate of $396,000 following its FY2014 tax return.

It is also raising $400,000 of debt funding from Platinum Road to progress the development of its Latrobe Valley magnesium project

Australia is currently a net importer so LMG-produced magnesium could fill a supply gap.



Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.

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Wed, 05 Nov 2014 13:30:00 +1100 https://www.proactiveinvestors.com.au/companies/news/154641/latrobe-magnesiums-technology-produces-magnesium-58721.html
<![CDATA[News - Latrobe Magnesium shares on a tear ]]> https://www.proactiveinvestors.com.au/companies/news/154640/latrobe-magnesium-shares-on-a-tear-58198.html Latrobe Magnesium (ASX:LMG) shares have risen on high volume as much as 66% to today's intraday high of $0.01, from $0.006 on the 3rd October.

The stock last traded at $0.008 and is capitalised lightly at $7.5 million.

LMG is developing a magnesium production plant using its world-first patented extraction process.

The company intends to extract and sell magnesium metal and its cementitious material from industrial fly ash, which is currently a waste stream from brown coal power generation.

LMG has completed its pre-feasibility and adjustment studies validating its combined hydromet / thermal reduction process that extracts the metal.

Currently, Australia imports 100% of the 10,000 tonnes annually consumed.

Magnesium has the best strength-to-weight ratio of all common structural metals and is increasingly used in the manufacture of car parts, laptop computers, mobile phones and power tools.

Late last month, LMG dispatched its 600 kilogram treated fly ash sample to China for processing through a commercially operating magnesium plant.

After completion of the processing in China, the resulting magnesium and cementitious material will be air freighted back to Australia.

Engineer Material Solutions will then conduct a full suite of cement tests to replicate previous results and more precisely determine the properties of this material.

About 80% of the cement test results will be known within 28 days after Engineer Material Solutions receives the material, with the remaining 20% of results expected to take a further month.

The China smelter tests will be the first testing in actual commercial conditions and are expected to validate LMG laboratory results to date.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Wed, 15 Oct 2014 17:00:00 +1100 https://www.proactiveinvestors.com.au/companies/news/154640/latrobe-magnesium-shares-on-a-tear-58198.html
<![CDATA[News - Latrobe Magnesium sends fly ash sample to China ]]> https://www.proactiveinvestors.com.au/companies/news/154639/latrobe-magnesium-sends-fly-ash-sample-to-china-57770.html Latrobe Magnesium (ASX:LMG) has dispatched its 600 kilogram treated fly ash sample to China for processing through a commercially operating magnesium plant.

After completion of the processing in China, the resulting magnesium and cementitious material will be air freighted back to Australia.

Engineer Material Solutions will then conduct a full suite of cement tests to replicate previous results and more precisely determine the properties of this material.

About 80% of the cement test results will be known within 28 days after Engineer Material Solutions receives the material, with the remaining 20% of results expected to take a further month.

Since July the fly ash bulk sample was calcined, mixed and tested at a Melbourne laboratory.

Notably, the results of this test work proved that this sample has achieved the company’s hydromet and smelter specifications as set in its prefeasibility and adjustment studies.

The China smelter tests will be the first testing in actual commercial conditions and are expected to validate LMG laboratory results to date.

LMG is developing a magnesium production plant in Victoria's Latrobe Valley using its world-first patented extraction process.

The company intends to extract and sell magnesium metal and its cementitious material from industrial fly ash, which is currently a waste stream from brown coal power generation.

LMG has completed its pre-feasibility and adjustment studies validating its combined hydromet / thermal reduction process that extracts the metal.

Production from the initial 5,000 tonne per annum magnesium plant is due to start in the June quarter of 2016, which LMG plans to sell the refined magnesium under long-term contracts to Australian and American users.

Currently, Australia imports 100% of the 10,000 tonnes annually consumed.

Magnesium has the best strength-to-weight ratio of all common structural metals and is increasingly used in the manufacture of car parts, laptop computers, mobile phones and power tools.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Wed, 24 Sep 2014 13:30:00 +1000 https://www.proactiveinvestors.com.au/companies/news/154639/latrobe-magnesium-sends-fly-ash-sample-to-china-57770.html
<![CDATA[News - Latrobe Magnesium produces fly ash sample for magnesium production in China ]]> https://www.proactiveinvestors.com.au/companies/news/154638/latrobe-magnesium-produces-fly-ash-sample-for-magnesium-production-in-china-54289.html Latrobe Magnesium (ASX: LMG) has produced a large sample of beneficiated fly ash (BFA) for magnesium production, using its hydromet patented process, for full scale commercial smelter processing in China.

This sample will allow the processing of upwards of 1,000 kg of material through the smelter.

The chemistry of the BFA sample for China is in line with LMG’s normal operating specifications, used in its prefeasibility and adjustment studies over the last four years.

Following confirmatory magnesium reduction test work being completed next week in Victoria, the sample will be sent to China, expected by the end of April.

Then, processing the BFA in China and receiving the assays is expected to take around 1 month.

LMG has an agreement with BTE Engineering Co to use the Chinese National Laboratory and a magnesium producer to demonstrate the large scale production of magnesium metal from its BFA.

This work replaces pilot plant tests that might otherwise have been required and will address directly any risks with the use of BFA as a feed stock in a commercial operation.

Previous test work will be replicated to confirm earlier results, together with a full suite of cement tests to determine the specific properties and advantages of this cementitious material.

This work will take several months to complete, although 80% of data is expected to be available within 28 days, with initial results expected in June.

After this, LMG will be positioned to enter into Memoranda of Understanding with potential customers to supply magnesium metal and cementitious material.

The company is capitalised at around $5 million.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Fri, 11 Apr 2014 15:30:00 +1000 https://www.proactiveinvestors.com.au/companies/news/154638/latrobe-magnesium-produces-fly-ash-sample-for-magnesium-production-in-china-54289.html
<![CDATA[News - Latrobe Magnesium's extraction plant in Germany is economically viable ]]> https://www.proactiveinvestors.com.au/companies/news/154637/latrobe-magnesiums-extraction-plant-in-germany-is-economically-viable-53590.html Latrobe Magnesium (ASX:LMG) and partner RWE Power have completed a concept study over their magnesium extraction project, in Germany, concluding it is economically viable.

RWE Power is part of the RWE Group in Germany and has signed a confidentiality agreement to examine LMG's extraction technology to produce magnesium metal from fly ash at its Hambach coal mine.

The magnesium plant is forecast to produce 40,000 tonnes of magnesium per year, and 320,000 tonnes of cementitious material.

RWE Power uses a broad energy mix of brown coal, hydro and nuclear power stations and is also a driver of innovation for coal fired power stations and CO2-avoidance.

In 2012, the coal content of RWE's resource was reported to be around 1.5 billion tonnes, over a 30 year project life, and the magnesium project will only involve about 33% of the annual coal output of the Hambach mine.

As the Hambach brown coal fly ash contains a higher iron element than some Latrobe Valley fly ash, LMG’s hydromet process was expanded to include a magnetic separation step.

Recent test work showed that this step, combined with a conditioning step, removed approximately 80% of the iron in the fly ash.

The precipitate produced contained up to 84% iron oxide, which will be further investigated to determine whether a magnetite product can be developed for sale.

The financial model indicated that both the operating and capital costs are slightly lower than an equivalent 40,000 tonne per annum plant in Australia, however the higher German tax rate means that the net present value is similar to LMG's Latrobe Valley project.

In June, LMG is due to meet with RWE Power executives to discuss how the parties will progress the project, define milestones and indicative timetables.

Currently, Europe imports most of its 150,000 tonne annual magnesium requirement from China, so LMG's technology could reduce reliance on imported magnesium.

LMG is lightly capitalised at $4 million, so further movement towards commercialisation could have a substantial positive affect on its market capitalisation.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 11 Mar 2014 14:40:00 +1100 https://www.proactiveinvestors.com.au/companies/news/154637/latrobe-magnesiums-extraction-plant-in-germany-is-economically-viable-53590.html
<![CDATA[News - Latrobe Magnesium raises funds to progress magnesium recovery project ]]> https://www.proactiveinvestors.com.au/companies/news/154636/latrobe-magnesium-raises-funds-to-progress-magnesium-recovery-project-50233.html Latrobe Magnesium (ASX: LMG) has raised $400,000 to progress development of its Latrobe Valley magnesium project in Victoria.

The debt funding will allow the company to complete the tasks necessary to commercially demonstrate its process over the next four to five months.

The initial task involves preparation of a 500 kilogram sample of brown coal fly ash that will be sent to an operating smelter in China and processed to verify the production of magnesium in commercial conditions.

It will be followed up by the return of the material to Australia for a full suite of mortar and cement tests.

These tests will enable a more complete understanding of the properties of the company’s cementitious material and therefore its range of uses.

Upon achieving satisfactory results from the above work, it will commence negotiations for the sale of its magnesium and cementitious material to its prospective customers who have already indicated interest.

Latrobe intends to produce magnesium using its world-first patented extraction process, creating magnesium metal and cement products from industrial fly ash, which is currently a waste stream from brown coal power generation.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Fri, 15 Nov 2013 13:40:00 +1100 https://www.proactiveinvestors.com.au/companies/news/154636/latrobe-magnesium-raises-funds-to-progress-magnesium-recovery-project-50233.html
<![CDATA[News - Latrobe Magnesium snaps up magnesium plant site in Latrobe Valley, Victoria ]]> https://www.proactiveinvestors.com.au/companies/news/154635/latrobe-magnesium-snaps-up-magnesium-plant-site-in-latrobe-valley-victoria-49394.html Latrobe Magnesium (ASX:LMG) has secured a site for its 40,000 tonne per annum magnesium plant in the Latrobe Valley in eastern Victoria.

Documentation with the vendor, the Di Fabrizio family, for securing the site at 320 Tramway Road Morwell, has been finalised.

The site contains over 14,000 square metres of office and factory buildings that comprise 13% of the total 10.95 hectares of land.

Existing buildings are sufficient to accommodate LMG’s initial 5,000 tonne per annum magnesium plant whilst allowing room for expansion, situated close to existing gas and water pipelines and local infrastructure.

Latrobe has secured an option for twelve months to enter into a three year lease over the site at fixed rentals and a right to buy the property at a fixed price during this period.

The twelve month option period should allow LMG to complete a bankable feasibility study for its magnesium project.

Latrobe intends to produce magnesium using its world-first patented extraction process, creating magnesium metal and cement products from industrial fly ash, which is currently a waste stream from brown coal power generation.

Negotiations with local suppliers of fly ash and end users of magnesium are underway, with production expected to commence in late 2015.

Latrobe is capitalised at around $4 million.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Wed, 23 Oct 2013 12:40:00 +1100 https://www.proactiveinvestors.com.au/companies/news/154635/latrobe-magnesium-snaps-up-magnesium-plant-site-in-latrobe-valley-victoria-49394.html
<![CDATA[News - Latrobe Magnesium draws Indian interest for magnesium plant ]]> https://www.proactiveinvestors.com.au/companies/news/154634/latrobe-magnesium-draws-indian-interest-for-magnesium-plant-49018.html Latrobe Magnesium (ASX: LMG) has been approached by an India-based company to form a joint venture and potentially establish a magnesium plant.

It has also been granted an Australian patent for its unique Hydromet process that recovers magnesium from spent fly ash from brown coal-powered electricity generation.

The company has executed a confidentiality agreement in relation to the Indian proposal, which could allow it to tap into the strong demand for magnesium in the country.

This is especially so given that its process is cost competitive with Chinese producers, based on its Australian adjustment study results.

India currently imports 14,000 tonnes of magnesium per annum from China.

Separately, RWE Power AG and LMG have identified the brown coal fly ash from RWE’s Hambach mine near Cologne as being suitable to commercially extract magnesium.

Initial estimates indicate that some 80,000 tonnes of magnesium and 600,000 tonnes of cementitious material could be produced annually from this mine.

Patents

Latrobe, which jointly owns the Hydromet process with Ecoengineers Pty Ltd and has the exclusive worldwide marketing rights for its commercialisation, has also lodged in March 2013 patent applications in the European Union, U.S., China, India and Indonesia.

All these countries are known to have large lignite/brown coal deposits.

Hydromet treats spent fly ash – a waste stream from brown coal-powered electricity generation – using chemicals to reduce sulphur, iron and silicon to acceptable levels so that the beneficiated material can be used as a feedstock in the thermal reduction process.

This allows magnesium to be from voluminous tailings of industrial fly ash from some of the world’s brown coal electricity generators.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Fri, 11 Oct 2013 17:00:00 +1100 https://www.proactiveinvestors.com.au/companies/news/154634/latrobe-magnesium-draws-indian-interest-for-magnesium-plant-49018.html
<![CDATA[News - LaTrobe Magnesium ups value of its LaTrobe Valley magnesium plant ]]> https://www.proactiveinvestors.com.au/companies/news/154633/latrobe-magnesium-ups-value-of-its-latrobe-valley-magnesium-plant-40627.html LaTrobe Magnesium (ASX:LMG) has increased the net present value of its LaTrobe Valley magnesium plant to $120 million from $83 million following test work and optimisation of its hydromet process.

The reductions are part of the company’s adjustment study in which it has refined costings from its prefeasibility study done in 2011.

With significant design changes to the retort furnaces increasing reliance on robots and automation, the capital and labour costs of the thermal reduction process have also been reduced.

The result of these savings substantially improves the value of the project from $83 million to $120 million for the 40,000 tonnes per annum magnesium plant.

It is planning to further increase the value of the project with more detailed work on improving iron removal and the creation of an additional product.

The company is finalising a 500 kilograms bulk fly ash sample for shipment and testing in a commercial operation in China. This work is expected to take up to five months.

It plans to start its bankable feasibility study after finalising the fly ash and property agreements, which are likely to be done by next quarter.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 11 Mar 2013 11:50:00 +1100 https://www.proactiveinvestors.com.au/companies/news/154633/latrobe-magnesium-ups-value-of-its-latrobe-valley-magnesium-plant-40627.html
<![CDATA[News - Latrobe Magnesium encouraged by magnesium recovery results ]]> https://www.proactiveinvestors.com.au/companies/news/154632/latrobe-magnesium-encouraged-by-magnesium-recovery-results-38508.html Latrobe Magnesium (ASX: LMG) has received highly encouraging results from initial analytical work on its magnesium recovery process suggesting higher value is likely from the cementitious component of future magnesium production.

Latrobe approached CSIRO last year and commissioned a program of test work on the production of magnesium and cementitious material from Latrobe Valley brown coal fly ash.

The residue material produced was tested for its suitability as a feedstock for the cement industry.

The material was found to contain a belite, which is traditionally used in slow setting cement, in appropriate concentration.

CSIRO and Engineered Material Solutions (EMS) have successfully replicated Latrobe’s Hydromet process in a scaled up test.

CSIRO scaled up the process some four times by volume compared to previous test work.

Latrobe considered two different routes for the use of its material.

Firstly, reprocessing the cementitious material to make an alite, the major and preferred component of Portland cement which is fast setting and sold at a higher price, and secondly using the existing belite material as a supplementary cementitious material replacement in Portland cement with very little additional processing.

Both the XRF and the XRD analyses showed that the reprocessing was successful in producing both an alite and a belite in appropriate portions to produce a Portland cement.

EMS conducted the tests using Latrobe’s cementitious material as a supplementary cementitious replacement, benchmarking Latrobe’s material against a local fine grade fly ash that typically performs well in concrete.

At 30% Portland cement replacement, Latrobe’s material out-performed this fly ash.

Latrobe’s cementitious material is shown to be more reactive than normal grade fly ash.

EMS is still finishing the late age strength tests and expects to complete these in about two weeks.

Latrobe will supply EMS with a large quantity of cementitious material for some further concrete type test work assessing how the belite material behaves when using chemical admixtures in a mix with aggregate, and also characteristics such as drying shrinkage and durability type testing.

This month the company has been visiting and assessing a number of laboratories with large scale capacity to produce this material.

Latrobe will also need to carry out a cost benefit analysis in relation to either reprocessing the belite material into the preferred alite material or simply using the material as a replacement for supplementary cementitious material.

Market demand for these alternative products within the Latrobe Valley will also need to be part of this consideration.


Magnesium production plant

Latrobe Magnesium is developing a magnesium production plant in Victoria's Latrobe Valley using a patented extraction process that utilises the industrial fly ash, which is currently a waste stream from brown coal power generation.
 
It recently completed a pre-feasibility study validating its combined Hydromet/thermal reduction process that extracts the metal.
 
Production from the initial 5,000 tonne per annum magnesium plant is due to start in July 2015. The plant will be in the heart of Victoria’s coal power generation precinct, providing immediate access to feedstock.
 
The company's refined magnesium will be sold under long term contracts to the domestic market and the U.S.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 21 Jan 2013 14:20:00 +1100 https://www.proactiveinvestors.com.au/companies/news/154632/latrobe-magnesium-encouraged-by-magnesium-recovery-results-38508.html
<![CDATA[News - Latrobe Magnesium signs deal with RWE Power on commercial study of its hydromet process ]]> https://www.proactiveinvestors.com.au/companies/news/154631/latrobe-magnesium-signs-deal-with-rwe-power-on-commercial-study-of-its-hydromet-process-38121.html Latrobe Magnesium (ASX:LMG) has signed an agreement with Germany's RWE Power to investigate the commercial viability of its hydromet process in Europe.

The two companies will first assess the results of hydromet and laboratory test work over the past year on the RWE brown coal fly ash from its Hambach mine near Cologne.

LMG achieved 70% iron removal from RWE Power's fly ash using the hydromet process, but is looking at additional measure to remove more iron content.

This is likely to be achieved by adding a physical separation step or by reconditioning the fly ash's mineralogy.

The results of the study will help determine how to proceed with the development of a magnesium plant in Germany.

Both companies have identified the fly ash from Hambach mine as most suitable to commercially extract magnesium. Initial estimates indicate that some 80,000 tones of magnesium and 500,000 tonnes of cementitious material could be produced annually.

Europe imports most of its magnesium from China.

But based upon Australian adjustment studies, LMG's process is cost competitive with Chinese producers.

Latrobe Magnesium is developing a magnesium production pant in Victoria's Latrobe Valley using a patented extraction process that utilises the industrial fly ash, which is currently a waste stream from brown coal power generation.

It recently completed a pre-feasibility study validating its combined hydromet/thermal reduction process that extracts the metal.

Production from the initial 5,000 tonne per annum magnesium plant is due to start in July 2015. The plant will be in the heart of Victoria’s coal power generation precinct, providing immediate access to feedstock.

The company's refined magnesium will be sold under long term contracts to the domestic market and the US.

 

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Mon, 14 Jan 2013 11:00:00 +1100 https://www.proactiveinvestors.com.au/companies/news/154631/latrobe-magnesium-signs-deal-with-rwe-power-on-commercial-study-of-its-hydromet-process-38121.html
<![CDATA[News - Latrobe Magnesium has progress on magnesium plant with Beijing Tieforce Engineering ]]> https://www.proactiveinvestors.com.au/companies/news/154630/latrobe-magnesium-has-progress-on-magnesium-plant-with-beijing-tieforce-engineering-36392.html Sydney based Latrobe Magnesium (ASX:LMG) has signed a follow up agreement with Beijing Tieforce Engineering Co over its planned magnesium project in the Latrobe Valley, Victoria.

Of note, BTE is the only company in the past 15 years to build a magnesium smelter in the western world.

This follows a site visit to the Latrobe Valley in the first week of November to assess technical and timing aspects and changes to the proposed plant. 

LMG believes that the changes should result in both further capital and operating cost savings.

BTE visited the proposed LMG project sites and assessed their suitability to locate both LMG’s 5,000 tonne initial plant and its expanded 40,000 tonne plant.

BTE concluded that all the three sites are suitable. BTE advised LMG that it should be able to apply for an export incentive debt facility from a Chinese bank.

The facility is given where specialised plant and equipment is exported from China. The facility is set at 50% of the value of the contract. LMG estimates that this facility could be up to $12.5M for the initial plant.

 

Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.

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Mon, 26 Nov 2012 14:20:00 +1100 https://www.proactiveinvestors.com.au/companies/news/154630/latrobe-magnesium-has-progress-on-magnesium-plant-with-beijing-tieforce-engineering-36392.html
<![CDATA[News - Latrobe Magnesium investigates gravity separation for low cost magnesium recovery ]]> https://www.proactiveinvestors.com.au/companies/news/154629/latrobe-magnesium-investigates-gravity-separation-for-low-cost-magnesium-recovery-23222.html Latrobe Magnesium’s (ASX: LMG) initial gravity separation tests have achieved up to 32% iron removal from magnesium.

The company is developing a magnesium production plant in Victoria’s Latrobe Valley, where it intends to harvest magnesium metal from industrial fly ash, a waste product of brown coal power generation.

Test work at CSIRO in Western Australia is ongoing, with the aim of increasing the recovery level to 50%.

Latrobe has achieved up to 55% iron removal using its hydromet process.

Increased iron removal leads to lower operating costs along with better feed stock and magnesium recoveries in the thermal reduction process.

Gravity separation is a lower cost process than chemical removal, however a combination of the two processes could also be a possibility.

Latrobe is investigating alternative iron removal methods to account for higher iron-contained fly ash, as is present in the Yallourn and RWE brown coal seams.

The company recently completed a Pre-Feasibility Study into using a world first combined hydromet/thermal reduction process to extract magnesium.

Construction of the plant is due to start in March 2013, with initial production expected a year later.

Latrobe plans to sell the refined product to Australian users.

Currently 100% of the 10,000 tonnes of magnesium consumed each year in Australia is imported.

The metal is increasingly being used in the manufacture of car parts, laptop computers, mobile phones and power tools, due to its good strength-to-weight ratio.

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Thu, 08 Dec 2011 13:30:00 +1100 https://www.proactiveinvestors.com.au/companies/news/154629/latrobe-magnesium-investigates-gravity-separation-for-low-cost-magnesium-recovery-23222.html
<![CDATA[News - Latrobe Magnesium expects to complete Pre–Feasibility Study in August at magnesium project ]]> https://www.proactiveinvestors.com.au/companies/news/154628/latrobe-magnesium-expects-to-complete-prefeasibility-study-in-august-at-magnesium-project-16693.html Latrobe Magnesium (ASX: LMG) has decided to temporarily defer a Pre-Feasibility Study at the Latrobe Magnesium Project located in Victoria’s Latrobe Valley.

Interestingly, the company has decided to evaluate a new reagent system with the potential to further increase iron removal, beyond levels previously achieved, deferring the Pre-Feasibility Study while this evaluation is in progress.

The Pre-Feasibility Study will now commence on the basis of the original reagent system with the expected completion of the study in August.

Taking into consideration the latest improvement with the success of the new reagent may adjust the study at a later date. 

The thermodynamic modelling has indicated a significant reduction in the iron content in the beneficiated ash which in turn will reduce ferrosilicon usage in the thermal reduction process.

The evaluation requires Metcon Laboratory to conduct further test work as these tests are inconclusive and will need to undergo repetition with more sophisticated equipment.

The company is presently investigating the use of other suitable facilities.

Latrobe has been tendering a number of major engineering companies over the last month to assist with its study.

 

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Mon, 30 May 2011 12:33:00 +1000 https://www.proactiveinvestors.com.au/companies/news/154628/latrobe-magnesium-expects-to-complete-prefeasibility-study-in-august-at-magnesium-project-16693.html