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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 magnesium. Its magnesium is used for technological advancement opportunities for American industries including auto, airline, aerospace, and protecting national security interests with the department of defense.


TSXV:WMG.H - Post by User

Comment by prospero10on Oct 11, 2020 12:56pm
161 Views
Post# 31702514

RE:RE:Buzz on the Bullboards: Magnesium , Battery Metals...

RE:RE:Buzz on the Bullboards: Magnesium , Battery Metals...
Western Magnesium Corporation (TSXV: WMG; Frankfurt-M1V; OTCQB: MLYF) plans to be a low-cost producer of green, primary magnesium metal, a strategic commodity prized for its strength and lightweight qualities, using a new environmentally friendly, cost and energy efficient technology, called continuous silicothermic process. We learned from Sam Ataya, Executive President, CEO and Director of Western Magnesium, and from Paul Sauve, the Company's Vice President of Operations that the Company's focus is bringing magnesium production back into the United States, targeting industries, such as the auto, aerospace, airline, electric car batteries, US government and the DOD. We learned from Mr. Ataya and Mr. Sauve that their proprietary technology is scalable, and price competitive with the world's largest magnesium producer, China. Currently, Western Magnesium is building an advanced commercial pilot plant in British Columbia, scheduled to be completed by the end of 2020, and produce metal by first quarter of 2021.
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