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Bullboard - Stock Discussion Forum Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

Western Magnesium Corporation is a producer of green primary magnesium metal. The Company is focused on plant operations and magnesium production. It uses a continuous silicothermic process to produce magnesium with low labor and energy costs while generating minimal waste and toxic by-products. The Company's technology eliminates inefficiencies and allows for a continuous, mass production of... see more

TSXV:WMG.H - Post Discussion

Western Magnesium Corp > The world's first ecological magnesium oxide
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Post by Sherry35 on Nov 12, 2022 8:48pm

The world's first ecological magnesium oxide

The world's first ecological magnesium oxide

Photo by Eric Gourde
By Eric Gourde
The world's first ecological magnesium oxide
(Picture: courtesy)

The company ECO2 Magnesia, which intends to set up near the defunct Carey mine in Tring-Jonction and Sacr-Coeur-de-Jsus, has just received the conclusive results of a study report on the carbon footprint of the production of magnesium oxide (MgO) with its ECO2 process.

According to the report, ECO2 Magnesia is able to produce environmentally friendly magnesium oxide with the lowest carbon footprint in the world. The study shows that the technology emits up to 30 times less greenhouse gases than its competitors. The carbon footprint is kept to a strict minimum since the company uses only natural ingredients, ie existing mine tailings, water and CO2 which is recirculated in a closed loop. With an objective of absolute decarbonization, the company also aims to integrate renewable energies, such as hydroelectricity, in all stages of its process.

Paul Boudreault, administrator of ECO2 Magnesia, explains that this magnesium oxide will be produced from residues not used to date. “Many companies will subsequently be able to make magnesium metal, except that our product will mainly be used in the pharmaceutical, food or heavy industrial sectors. There are many possible applications.”

The project is a concrete example of the potential of the circular economy, the application of the principles of sustainable development and industrial innovation, believes Mr. Boudreault. “Our ecological solution for the decontamination and upgrading of mine tailings is in perfect harmony with the strategic priorities of the magnesium oxide industry, which seeks to reduce its carbon footprint in a global context of CO2 emissions taxation. The circular economy is the economic path of the future and we are delighted to contribute to this green industrial shift.”

The ECO2 Magnesia plant will be located on the western portion of the former Carey mine site. The project will be deployed in modular phases, with the first operational phase of production of 20,000 tonnes of MgO per year scheduled for 2024. Eventually, the commissioning of the full-scale plant is expected to produce approximately 60,000 tonnes of MgO per year. and enable the creation of 100 high-tech jobs, the recycling of more than 480,000 tons of mining residues and the avoidance of 160,000 tons of CO2 emissions annually.

“We have been working on the file for 10 years and the possibilities are better understood than before by the government authorities, so we would like, by the end of 2022, to obtain all the necessary authorizations to build in 2023 and start operating. in 2024. As there is not necessarily an outlet in Quebec, the product will be entirely exported. However, companies are talking about coming to set up near us in the future, so it's promising,” said Mr. Boudreault in closing.

Comment by StopTheScam on Nov 12, 2022 9:41pm
This post has been removed in accordance with Community Policy
Comment by AucontraireII on Nov 13, 2022 11:01am
Nice sherry, but how does magnesium oxide compete with the purified magnesium produced by Western Mag?
Comment by CBalardo on Nov 13, 2022 11:34am
It doesn't, you need prices to be magnesium metal prices to be at least $3000 a tone. I talked with one of the old chemists that worked for MagOne when they got 5 million grant from SDtech fund. Government needs to step up the commercial granting or they will never win the critical mineral war with the BRICS. You can't tell China to divest in lithium mines in Canada and then not expect ...more  
Comment by Sherry35 on Nov 13, 2022 12:28pm
I'm not sure how it compares with the purified magnesium produced by WMG. For one , I'm not metallurgist. Two, I the reports from WMG haven't been published. There are two Data Sheets on the ECO 2 Mag Web site: ECO 2 Mag Datasheets I noted the puiity to be "98.75%", along with other trace elements, and "the purity of the product ECO2 99 + can reach 99% and more." ...more  
Comment by CBalardo on Nov 13, 2022 1:32pm
KSM fertilizer is working with ECO2 magnesia from what I can gather in the same location. This is not magnesium metal. Let's be straight it will cost 300-500 million min to get our own production again in Canada, Dundee Sustainable was on the right track years ago through Nichromet. The bottom line these companies most likely abuse public money until the big boys come and divest you ...more  
Comment by Sherry35 on Nov 13, 2022 5:39pm
CBalardo - I would be very appreciative on explanation for your statement "This is not magnesium metal." in your 11/13/2022 1:32:42 PM post.
Comment by CBalardo on Nov 13, 2022 7:07pm
Sorry, I was referring to Eco2 magnesia. They are working on Magnesium for vitamin supplements and stuff. You can find the old drill results on 3Rminerals web site. It's around 36-40% magnesium oxide. With Magone the pilot plant oporatot a while back could pull off around 22% metal out of the tailing, but prices where lower then. It's exciting to see where we may be in couple years. I ...more  
Comment by Sherry35 on Nov 13, 2022 8:49pm
Eco2's Magnesium product makes perfect sense in the context of supplements, fertilizers and medical device applications because Mg, Ca and Zn elements are found naturally in the human body, and are biocompatible and biodegradable. And yes, there are some very interesting times ahead of us as supple chains reshore and near shore as they leave China. Perhaps will be shipping Mg products to ...more  
Comment by AucontraireII on Nov 13, 2022 7:43pm
just to continue the thread, it goes without saying that it is perfectly valid to compare "magnesium" producers. But we have to compare apples to apples and in this case magnesium oxide is a completely different animal than pure magnesium. And even amongst purified magnesium, the percent contamination, or the purity of the magnesium is very important. Magnesium ingots are purchased to be ...more  
Comment by Sherry35 on Nov 13, 2022 8:37pm
Yes, it is imprtant to compare aplles to apples. Ive been doing more research on the demand for various Mg alloys. I found this artilce very informative with respect to applications and classifications. Controlling the alloy componenets is impprtant depending on the strength, heat or oral consumption applications. Introduction to Mg Alloys Even a pure Mg ingot on Amazon.ca has impurities hence ...more  
Comment by CBalardo on Nov 14, 2022 11:18am
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