Latrobe Magnesium Limited · ASX:LMG
Latrobe Magnesium — Shareholder Meeting (January 2022)
9 slides from Latrobe Magnesium's shareholder meeting presentation, Jan 20, 2022
Slide 1: AGM Presentation January 2022
For personal use only AGM Presentation January - 2022 David Paterson CEO 1 ASX: LMG
Slide 2: Disclaimer
For personal use only Disclaimer ● 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
Slide 3: 2021 Investment Highlights
2021 Investment Highlights Latrobe Magnesium develops its Latrobe Magnesium project LMG starts design and engineering work on its demonstration plant in Australia to prove its hydromet technology works. Tendered the spray roaster (long lead For personal use only time item) worldwide. Construction st
Slide 4: Demonstration Plant Site
Demonstration Plant Site The demonstration plant will be located at the centre of Victoria’s coal power generation precinct, in Hazelwood North, providing For personal use only direct and constant access to fly ash resource. An 11-hectare site with approximately 14,000 m² of buildings to construct t
Slide 5: New Management Team
New Management Team During 2021, LMG recruited 4 new senior managers to its Ownership Team to oversee the developments of its projects. For personal use only Board of Directors Management Team Jock Murray - Non-executive Chairman Ronan Gillen – Chief Operating Officer ❖ Had a distinguished military
Slide 6: Demonstration Plant Funding
Demonstration Plant Funding LMG has raised sufficient funding to complete the demonstration plant For personal use only • The current capex estimate for the demonstration plant is $39M. LMG has spent some $4M to the end of December 2021 leaving some $34M to be paid. LMG is still working on some area
Slide 7: Pathway to 110,000 tpa of Magnesium Plus
Pathway to 110,000 tpa of Magnesium Plus Once the 10,000 tpa demonstration plant is constructed and in production in the middle of 2024 , Latrobe will commence construction in its For personal use only 100,000tpa plant and it expects it to be in production in 2026. 10,000 tpa 100,000 tpa Fly ash Fer
Slide 8: Current Magnesium Crisis
For personal use only Current Magnesium Crisis World Magnesium market is set to double Current world magnesium production estimates for 2020 were 1M tonnes of which 85% to 90% is produced in China. Estimated are that this demand will double to 2M tonnes by 2027. China Magnesium stoppages China has s
Slide 9: Current Magnesium Prices
Current Magnesium Prices The chart below is in Chinese Yuan and for contracts of difference as recorded by Trading Economics. In Sept, 2021 magnesium For personal use only price hit a record high of US$11,200 to fall in Nov to US$4,700 and then a rebound to its current price of US$7,000 per tonne (1
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