Latrobe Magnesium (LMG.AX) Stock Price

Latrobe Magnesium Ltd is primarily active in the magnesium production industry.

The main competitors of Latrobe Magnesium Ltd in the market include companies such as Magnesium International Limited, Latrobe Valley Magnesium Pty Ltd, and Elkem.

Latrobe Magnesium Ltd is an Australian company specializing in the development and production of high-quality magnesium metal. Established in 1986, Latrobe Magnesium has a rich history and extensive background in the magnesium industry. The company is focused on utilizing its proprietary extraction technology to produce magnesium from industrial fly ash, minimizing waste and promoting sustainability. With a strong commitment to innovation and research, Latrobe Magnesium aims to meet the growing global demand for lightweight and environmentally-friendly magnesium products. Through its advanced production processes and strategic partnerships, the company continues to position itself as a key player in the magnesium market.

Latrobe Magnesium Ltd has achieved several significant milestones since its establishment. Notably, the company successfully completed the construction of its first commercial magnesium production plant in 2020. This facility represents a major breakthrough in the utilization of Latrobe Valley's extensive brown coal deposits to produce magnesium metal and other valuable by-products. Additionally, Latrobe Magnesium Ltd has forged key partnerships with industry leaders to further develop and commercialize its innovative magnesium production technology. These milestones highlight the company's commitment to revolutionizing the magnesium industry and its potential for long-term growth and success.

Latrobe Magnesium Ltd is primarily present in Australia, where its headquarters and main operations are located.

Latrobe Magnesium Ltd represents a commitment to harnessing innovative magnesium production technologies. With a corporate philosophy focused on sustainability and resource efficiency, the company aims to provide environmentally friendly solutions for magnesium production. Latrobe Magnesium's values include integrity, transparency, and collaboration, driving their efforts to develop low-cost, low-emission magnesium production processes. Through their patented magnesium extraction technology, the company seeks to contribute to the global demand for lightweight and sustainable materials in various industries. By prioritizing these values, Latrobe Magnesium Ltd aims to establish itself as a reputable and forward-thinking player in the magnesium market.

Converted at the current exchange rate, the Latrobe Magnesium share trades at 0.01 EUR (0.01 AUD).

The Latrobe Magnesium share (LMG.AX) is listed on 4 stock exchanges, including: ASX (LMG.AX), Frankfurt (L2Q.F), Düsseldorf (L2Q.DU).

Latrobe Magnesium Ltd is an Australian company that specializes in the production of magnesium products. The company's business model is based on converting dolomite rock into magnesium. The company is headquartered near Latrobe in Victoria, Australia. The company is divided into several business segments, including magnesium production, processing, and distribution. It was established in 2005 and has been listed on the Australian stock exchange since 2007. One of the main products of Latrobe Magnesium Ltd is metallurgical magnesium. The company produces it from dolomite that is mined near the factory in Victoria. This dolomite rock is mostly extracted through open-pit mining and then converted into magnesium at the factory. The finished metal is then supplied to customers in the automotive, aerospace, defense, and other industries. In addition to metallurgical magnesium, the company also produces a high-purity magnesium alloy called "Ultramag". This alloy has higher corrosion resistance and mechanical strength than standard magnesium alloys, making it ideal for applications in the automotive industry, aerospace sector, and other industries. Another business field of Latrobe Magnesium Ltd is the production of magnesium oxide (MgO). Magnesium oxide is produced from magnesium hydroxide, a byproduct of the magnesium production process. MgO is used for various applications, such as in the paper, ceramic, and brake system industries. As part of its business model, Latrobe Magnesium Ltd has established partnerships with other companies in the industry. The company has partnered with Magnesium Australia to promote the development of the magnesium industry in Australia. Additionally, Latrobe Magnesium Ltd has entered into an agreement with Toyota Tsusho Corporation for the joint development of magnesium alloys for the automotive industry. In summary, Latrobe Magnesium Ltd's business model offers a comprehensive solution for customers in various industries that rely on magnesium and its alloys. The company utilizes the resources in its surroundings to build a sustainable and innovative company that is aligned with the future needs of the industry.

The revenue cannot currently be calculated for Latrobe Magnesium.

The profit of Latrobe Magnesium is -4.87 M AUD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Latrobe Magnesium is currently -8.35. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Latrobe Magnesium stock.

The P/S cannot be calculated for Latrobe Magnesium currently.

The Eulerpool Quality Score for Latrobe Magnesium is 4/10.

The ISIN of Latrobe Magnesium is AU000000LMG2. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Latrobe Magnesium is 872514. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Latrobe Magnesium is LMG.AX. The ticker symbol is used to trade Latrobe Magnesium shares on the stock exchange.