¶ MAGNIUM Australia anticipates completing a feasibility study into development of a Collie-based commercial-scale magnesium refinery in the coming months.
The fledgling metal processing company marked a milestone earlier this year with the opening of its pilot plant in the Collie Light Industrial Area.
A company spokesperson recently told the Bulletin that Magnium is continuing to progress the plant forward as part of its “broader pathway toward commercialisation”.
A definitive feasibility study is on track for completion in the “next several weeks”, the spokesperson added.
Magnium received an additional $2.5 million in State Government funding last December to assist with launch of the pilot plant, building on $7 million in government funding for the plant and feasibility study.
The company also received a $6.25 million Federal Government grant, via the Critical Minerals Development Program, in 2023 to enable it to bring its CSIRO-developed technology to market sooner.
The pilot plant will have capacity to scale up to producing 800 tonnes of high-purity magnesium metal.
It will enable commercial-scale testing of the technology as Magnium continues to build its operations.
It is viewed as a stepping-stone towards development of a large-scale magnesium refinery in Collie, producing up to 100,000 tonnes a year and creating more than 200 jobs.