Stanley Druckenmiller is a legendary investor and hedge fund manager with a net worth estimated at over $4.5 billion. He is widely regarded as one of the best traders of all time and is known for his investment philosophy and insights into the market.
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The development of the #LMG demonstration plant in Victoria is on schedule, despite supply chain disruptions.
With over 50% of total engineering completed, the first #magnesium production is due in Q2 2023.
Read the full @SmallCapsASX article here: https://t.co/9cpOeSCAiu
$LMG
Latrobe Magnesium, $LMG is currently developing a demonstration #magnesium production plant in Latrobe Valley, Victoria.
Once the demonstration plant is operating successfully, a commercial plant will be developed to a capacity of 10,000tpa.
Learn more https://t.co/j1VMMs9Wwj
We’ve just released the following announcement to the market:
$LMG LMG awards pre-feasibility study for 100,000 tpa plant
Full announcement at https://t.co/S1sFLFnK8N
We’ve just released the following announcement to the market:
$LMG LMG Reaches Financial Close For Demonstration Plant
Full announcement at https://t.co/W5MHglfiib
What an educational week !!! Tough to weather the storm when all you can see is red !! Got a bit greedy but happy to have increased my position on $RNU at what I feel was a discount !! #ASX200
We’re all about the #circulareconomy, which is why our processes produce Magnesium from ash waste. But the Magnesium cycle doesn’t end there!
#Magnesium is a high-strength, low-weight metal used in several industries (Cans) & is recycled several times.
https://t.co/LKWtiAKDu8
#Magnesium is becoming a more viable alternative to lithium-ion batteries, with market size for Mag projected to grow at a CAGR of 5.4% through to 2027. As a safer, lighter & more environmentally friendly alternative, a boom for #EV’s means a boom for Mag.
https://t.co/KUcEtiODbq
The EU learned the hard way last year that #Magnesium shortages can cause significant headaches. Now they’re setting up emergency powers in the event of another crisis. All the more reason for another global supplier!
$LMG #LMG#ESG#CriticalMetals
https://t.co/pGzxfhXCPt
As demand for #Magnesium continues to hold strong after last year's shortage, it’s no surprise that we have two offtakes in place, a year before we are set to produce.
We’re excited to establish Australia in the Magnesium supply chain. Thanks @SmallCapsASX
$LMG #CriticalMetal
Presentation highlighting the Australian Government A$185m conditional million loan facility to fund #Renascor’s Siviour #Battery#Anode material project in South Australia. https://t.co/MwCS1FYFYN… 100% #Australianmade#Graphite
In December, we were featured in Austrade’s Critical Minerals Prospectus for 2021. Magnesium is critically important for a range of industries and Australia imports all of it’s Magnesium. We're excited to be the company that puts Australia on the map for producing Magnesium $LMG