https://www.miningweekly.com

Latrobe improves plant economics

11th March 2013

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – ASX-listed Latrobe Magnesium has increased the net present value of its proposed magnesium plant from A$83-million to A$120-million, following design changes to the plant.

The company conducted additional testwork over the last year to optimise the hydromet process at the plant, which resulted in reduced capital costs to the 40 000 t/y magnesium plant.

Latrobe said on Monday that it was working to further increase the value of the project with more detailed work on improving iron removal, as well as the creation of additional product.

Meanwhile, the company was also finalising a 500 kg bulk fly-ash sample for shipment and testing in a commercial operation in China. This work was expected to take up to five months.

The company would start a bankable feasibility study once the fly ash and property agreements had been finalised. The agreements would likely be completed within the next quarter.

Latrobe’s proposed plant would use a patented extraction process to harvest magnesium metal from industrial fly ash – a waste stream from brown coal power generation.

A prefeasibility study had been completed and construction of the plant is slated to start in 2014, with first magnesium production due in 2015.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Sika South Africa
Sika South Africa

Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.

VISIT SHOWROOM 
ECG Engineering
ECG Engineering

ECG provides specialised electrical engineering services to the Mining, Utilities, Materials Handling and Industrial industries, with extensive and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.044 0.827s - 128pq - 2rq
Subscribe Now