Latrobe Magnesium (ASX: LMG)
Has been added to the second tier ‘Championship’ watchlist of City Investors Circle.
The company is developing environmentally friendly magnesium producing technology, giving them an edge in minimal co2 emissions, and a much lower production price then the Chinese producers, who dominate the industry producing around 87% of world supply. Continue reading
Monthly Mining Review – October 2021
City Investors Circle published their monthly mining review for October 2021, which highlighted a growing shortage of magnesium and aluminium, due to Chinese smelters being offline, due to a coal shortage causing power cuts in the industrial northern area.
Colonial Coal (CAD.V) was the biggest riser in the portfolio for the second month in a row, a terrific feat. Other stocks mentioned include Apollo Consolidated, Fiore Gold, Latrobe Magnesium, Karora Resources, and Newcore Gold. […] Continue reading
