Latrobe Magnesium
Stock Code
Stock Exchange
Latrobe Magnesium (LMG) specialises in producing magnesium metal from fly ash. It is strategically located in Victoria's Latrobe Valley where, currently, there are 12M tonnes in inventory of fly ash. After conducting studies, the fly ash has been analysed to contain a high level of magnesium, and the company hopes to extract this material and use it.
Read about the dividend records for Latrobe Magnesium. Dividends are a portion of company profits paid out to shareholders. If Latrobe Magnesium Limited has announced a dividend, you may be eligible to receive LMG dividends if the stock trader the company's shares on the ex-dividend date. In order to receive the dividend payout, investors must purchase the shares before the ex dividend date. The previous owner of the shares will receive the dividend if you buy the stocks on or after the ex dividend date.
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