Latrobe Magnesium Gears Up for Ore Commissioning at Latrobe Valley Plant: A Strategic ASX200 Move

May 30, 2025 11:29 AM AEST | By Team Kalkine Media

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Latrobe Magnesium Gears Up for Ore Commissioning at Latrobe Valley Plant: A Strategic ASX200 Move — Image source: shutterstock

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Highlights

Latrobe Magnesium gears up for ore commissioning at demonstration plant

Environmental and workforce preparations nearing completion

Strong community engagement and vendor mobilisation underway

Latrobe Magnesium Ltd (ASX:LMG) is advancing steadily towards operational launch at its Stage 1 Demonstration Plant in Victoria’s Latrobe Valley, marking a significant milestone in its strategy to commercialise sustainable magnesium production. This move positions the company strategically within the broader ASX200 index landscape, where innovation in resource recovery is increasingly valued.

With all essential documentation submitted to the Environmental Protection Authority (EPA), Latrobe Magnesium now awaits the green light to initiate ore commissioning. The key filings – including the Environmental Management Plan and Financial Assurance – were finalised in April and May, indicating the company’s readiness to move forward without any outstanding regulatory hurdles.

On the workforce front, substantial progress has been achieved. The company is in the final stages of negotiating its Enterprise Agreement with the Mining and Energy Union, focusing on aligning wage expectations with the broader resources sector rather than the traditionally higher wages of the local power industry. This shift is part of Latrobe Magnesium’s broader commitment to long-term viability and economic sustainability in the region.

Community engagement remains a top priority. Participation in the Middle of Everywhere Jobs Fair in Sale, which attracted over 550 attendees, has generated strong regional interest. Further outreach is planned across Gippsland, showcasing opportunities for local talent as the plant moves closer to full operation.

Operationally, the plant is preparing for pre-commissioning with essential infrastructure already being reactivated. Ash stockpiles, sourced through a renewed agreement with Energy Australia, are ready for processing. Mining contractor RTL is poised to begin reclaim operations, and critical mobile equipment deliveries are scheduled.

Vendor teams from Tenova and Rockwell Automation are also mobilising to support commissioning, and key site management personnel have been reinstated. Reagent inventories have been verified, and supply chains are established to ensure smooth ramp-up phases.

Chief Executive Officer David Paterson expressed optimism about the imminent start of operations, highlighting that the demonstration plant is a pivotal step in the company’s long-term vision. Latrobe Magnesium aims to scale up its patented process of converting industrial ash waste into magnesium metal and cementitious material, with plans for a 10,000 tonnes per annum commercial facility in Victoria by 2027, and a 100,000 tonnes per annum plant in Sarawak, Malaysia.

This expansion aligns with broader interest in ASX dividend stocks, as companies like Latrobe Magnesium demonstrate growth potential and operational maturity that could attract dividend-focused investors.

As the company nears ore commissioning, its demonstration plant is not just a technological step forward, but a potential catalyst within the evolving ASX landscape.

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