Latrobe Magnesium ( LMG) is working to develop a magnesium production plant in Victoria’s Latrobe Valley using a world-first process of combined hydromet / thermal reduction. Using a patented extraction process the magnesium plant will harvest magnesium metal from industrial fly ash – a waste stream from brown coal power generation.
A pre-feasibility study and an adjustment study have been successfully completed and a feasibility study to commercially justify the new technology started in December 2015 and is due for completion in August 2016. Ordering of the plant is due to start at the end of 2016, with first magnesium production due twelve months later.
The plant will be located at the centre of Victoria’s coal power generation precinct providing direct and constant access to feedstock. The Company has secured an 11 hectare site with 14,000 m² of buildings.
Latrobe Magnesium has entered into MOUs with a Japanese and a United States distributors to sell the initial plant 5,000 tpa production and a significant part of its 40,000 tpa expanded plant’s production. The United States magnesium price is significantly higher than the China price due to an anti dumping duty.
Demand for magnesium worldwide is strong. It has the best strength-to-weight ratio of all common structural metals and is increasingly used in the manufacture of car parts, laptop computers, mobile phones and power tools. Australia imports 100% of the 10,000 tonnes it consumes.
The project is at the forefront of environmental sustainability as it converts 95% of the power plant waste into valuable commodities. The CO2 emissions are some 60% less than comparable plants.
Minimum 25 year plant life at full production available from Latrobe Valley fly ash.
RWE fly ash bigger than the Latrobe Valley fly ash.