Latrobe Magnesium Limited (LMG.AX)
Latrobe Magnesium Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Sydney, NSW, AU. The stock last traded at $0.01, up 0.00% on the session, giving a market capitalisation of $30.7M. Its beta of 0.44 implies it has historically moved less than the broad market.
Latrobe Magnesium Limited, an Australian firm founded in Sydney in 1986, is actively pursuing the establishment of a magnesium production facility. This plant is intended for the extraction of magnesium metal, utilizing fly ash originating from Germany. The company also possesses holdings in the Latrobe magnesium project, which is situated within Victoria's Latrobe Valley.
Latrobe Magnesium Limited is most often compared with the following Basic Materials names: