Latrobe Magnesium : Annual General Meeting Presentation
LMG.AX
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AGM Presentation
January - 2022
David Paterson CEO
ASX: LMG
Disclaimer
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2021 Investment Highlights
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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 time item) worldwide. Construction starts in 1st quarter of 2022 and it will be in production 12 months later in the first quarter of 2023.
In December 2021, LMG was reported in the Austrade's Critical Minerals Prospectus. The report will feature in their worldwide investment attraction events in 2022.
LMG announces expansion of its Demonstration plant to 10,000tpa
Once demonstration plant operating successfully, it will be expanded to a 10,000 tpa plant, which is expected to generate in the order of $110m in revenue and EBITDA of ~$42m. The expect completion date is June 2024.
LMG announces plans for 100,000tpa plant
LMG announces it will complete a prefeasibility study on a 100,000 tpa magnesium plant using ferro nickel slag as its feedstock in 2022 to supply the growing magnesium market. The plant will be located next to a renewable energy facility.
ESG credentialled clean metals producer
LMG is looking to further reduce its CO2 emissions at its Latrobe Valley plant by using vertical retorts and renewable energy for its 10,000 tpa plant. If successful, it will be the magnesium industries lowest CO2 emitter in the world.
Production Timetables
Experienced Management Team
Over a century of combined experience in resources developments across the management team from Tier 1 companies located In Australia and overseas.
Investor Presentation - May 2021
Demonstration Plant Site
The demonstration plant will be located at the centre of Victoria's coal power generation precinct, in Hazelwood North, providing
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direct and constant access to fly ash resource. An 11-hectare site with approximately 14,000 m² of buildings to construct the
process facility.
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Location of Demonstration Plant in Hazelwood North
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New Management Team
During 2021, LMG recruited 4 new senior managers to its Ownership Team to oversee the developments of its projects.
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Board of Directors
Jock Murray - Non-executive Chairman
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Had a distinguished military career for almost 30 years before retiring as a Colonel in 1994.
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Has held numerous directorships including non-executive Chairman of Omni Tanker Holding Pty Ltd, The
Hills Motorway (M2) Ltd and Country Pipelines, as well as the board of Terminals Australia.
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David Paterson - Director & CEO
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Qualified chartered accountant and current Director of Europacific Corporate Advisory Pty Ltd.
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Has been involved in a wide range of corporate advisory assignments and underwritings of both debt and
equity for several public and private companies.
Kevin Torpey - Non-executive Director
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Chartered Professional Engineer with 40+ years of experience in major metal and resource projects.
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Has worked as the Managing Director of both Denison Mines and Devex Limited and as Director of Empire
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Energy Group Ltd.
Philip Bruce - Non-executive Director
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30+ years resource industry experience in Australia, Asia, Africa and South America
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Is a Director at PF Bruce & Associates and at Bassari Resources Ltd and has held numerous previous
executive positions including Director at Ausmelt Limited and CEO of PT BHP Indonesia.
John Lee - Non-executive Director and Company Secretary
❖ Has held senior management roles in the Federal Department of Employment and Industrial Relations
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and at several major corporations including Henry Jones IXL, Elders Building Supplies & Woolworths Ltd.
Is a Director of a number of listed companies concentrating mainly in the mining and technology sectors.
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Management Team
Ronan Gillen - Chief Operating Officer
Jim Siemon - Technical Director
John Catterson - Commercial Manager
Brett Trigger - Procurement & Contract Manager
Sal Awad - Project Engineer
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Disclaimer
Latrobe Magnesium Limited published this content on 19 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2022 22:45:08 UTC.