Latrobe Magnesium Ltd is an Australian ASX-listed company that is planning to develop a unique magnesium production plant in the Latrobe Valley. The company will use an innovative process of combined hydromet/thermal reduction and patented extraction process to harvest magnesium metal from a fly ash resource, a by-product of brown coal power generation. The company aims to provide a sustainable solution for the waste stream and offer magnesium metal to a range of industries.