Latrobe magnesium plant project, Australia
Name of the Project
Latrobe magnesium plant project.
Location
The project is located in the Latrobe Valley in Victoria, Australia.
Project Owner/s
Latrobe Magnesium.
Project Description
A feasibility study on the project has proved extremely positive.
The project comprises four stages, of which two have been completed.
The third stage involves the construction of a 3 000 t/y magnesium plant.
The fourth stage involves the expansion of the plant to 40 000 t/y.
Potential Job Creation
The initial plant is expected to employ up to 54 direct employees and contractors. The expanded plant is expected to employ about 370 people during operations.
Between 50 and 75 construction jobs will be required for the initial plant and up to 240 to construct the expanded plant.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
The project is estimated at $54-million.
Planned Start/End Date
Construction is expected to start in December.
Latest Developments
Latrobe is negotiating access to ash to supply the proposed magnesium plant.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Too early to state.
Contact Details for Project Information
Latrobe Magnesium, tel +61 2 8097 0250 or email enquiry@latrobemagnesium.com.
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