Latrobe Magnesium Ltd. (LMG; Sydney, Australia) announced the commencement of a Pre-Feasibility Study (PFS) for its 100,000-ton/yr magnesium plant using ferronickel slag from flyash waste as its feedstock. LMG has finalized discussions with a ferro-nickel producer for the supply of 12 million tons of ferronickel slag over 20 years to feed this plant. LMG expects to sign a binding MoU with this supplier in July 2022. The major terms and conditions have already been agreed between
the parties and is now awaiting Board approval.
The study has been awarded to Bechtel (Reston, Va.), a nglobal engineering, construction and project management company, who will support a two-part study to firstly evaluate strategic investment options to maximize value and then secondly to further define the selected option to assist LMG in developing a business case and forward work plan for the Feasibility Study (FS) phase. Upon its completion later this year, the PFS will be disclosed to potential joint venture partners
to confirm their interest to participate in the project. LMG has appointed Jasper Consult DMMC, an international consulting firm based in London and Dubai, to identify and assist LMG in making the approach to appropriate potential partners.
The PFS study is expected to be completed, in full, by the end of the year