Latrobe Magnesium Limited · ASX:LMG
Latrobe Magnesium — Shareholder Meeting (November 2010)
12 slides from Latrobe Magnesium's shareholder meeting presentation, Nov 29, 2010
Slide 1: Latrobe Magnesium Limited AGM Presentation 29 November 2010
Latrobe Latrobe Magnesium Magnesium Limited Limited AGM AGM Presentation Presentation 29 29November November2010 2010 Latrobe Magnes um
Slide 2: Presentation
PRESENTATION 1. Year in Review 2. Overview of the Magnesium Market. 3. Hydromet Process 4. Thermal Reduction Process 5. LMG Magnesium 6. Development Plans for the Project Latrobe Magnes um
Slide 3: Year in Review
1. Year in Review 1. Financial results -- Loss Loss reduced reduced from from $514,924 $514,924 to to $276,001; $276,001; -- Research Research & & development development Grant Grant $224,423; $224,423; -- Recent Recent Capital Capital Raising Raising netted netted $$ 11 million; million; 2. 50 Hydr
Slide 4: Magnesium Metal Production
2. Magnesium Metal Production US Magnesium forecast - - 2008 world production 750,000 tons; - 2009 world production 600,000 tons; - 2012 forecast 1,000,000 tons; - 7.3% compound average growth rate Latrobe Magnes um
Slide 5: Av. Magnesium Metal Prices
2. Av. Magnesium Metal Prices FOB China Price US$ per tonne 1 July 2008 5,400 30 June 2009 2,500 30 June 2010 3,000 November 2010 3,300 Projected Price 3,000 – 4,000 (Price does not include freight & duties) Latrobe Magnes um
Slide 6: Magnesium Market Summary
2. Magnesium Market Summary ¾ Global magnesium market is still dominated by China. ¾ China operating costs increasing due to export tax, ferrosilicon, power and transportation costs. ¾ Closure of substantial Chinese production in 2009 / 2010 due to rising costs . Latrobe Magnes um
Slide 7: Hydromet Process
3. Hydromet Process ¾ Hydromet Process is a soluble process utilising industrial reagents to produce a source material with chemical characteristics similar to Dolime. ¾ Reduces the Na2O; K2O; SiO2; Fe2O3; SO3 to acceptable levels. ¾ Beneficiated material then processed using the Thermal Reduction P
Slide 8: Thermal Reduction Process
4. Thermal Reduction Process ¾ it is a simplified proven technology responsible for the majority of the World’s magnesium production; ¾ can produce small quantities of magnesium economically; ¾ the production is capable of being expanded on a modular basis; ¾ a significantly lower capital cost when
Slide 9: Proposed LMG Process
4. Proposed LMG Process Latrobe Magnes um
Slide 10: LMG Magnesium
5. LMG Magnesium Latrobe Magnes um
Slide 11: Development Plans for the Project
6. Development Plans for the Project Plans for the next 12 months – ¾ Complete the pre-feasibility study between January 2011 to March 2011. ¾ As part of the pre-feasibility study, a beneficiated sample will be sent to China and processed through a commercial retort to verify the production of magne
Slide 12: Disclaimer
Disclaimer ¾ This presentation may contain forward looking statements that are subject to risk factors associated with the magnesium business. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlyin
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