TSXV:WMG.H - Post by User
Comment by
RawSiennaon Aug 06, 2022 4:01pm
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Post# 34876551
RE:RE:RE:RE:RE:RE:RE:RE:Sorry guys
RE:RE:RE:RE:RE:RE:RE:RE:Sorry guysOnce again, Alliance isn't creating any more tailing dumps, they're cleaning them up, making magnesium and not mining a thing. From their website explaining the dump from the previous plant....
- The total tailings deposit is estimated at over 100 million tonnes of serpentine.
- The tailings are extremely homogeneous and do not contain any other type of minerals or tailings.
- The mineral has an average content of 38.3% MgO, which comes out to about 25% metallic magnesium.
- The deposit also contains silica, nickel and cobalt, which have substantial economic potential.
- Ore extraction requires no complex mining operations and can be carried out with minimal material handling.
- Depending on the amount of primary magnesium produced, Alliance Magnesium can guarantee hundreds of years of manufacturing using its raw material.
Now take their patented technology and put it every plant that used the old technology and you have magnesium for life, clean up the planet and no more mining.