TSXV:WMG.H - Post by User
Post by
CBalardoon May 20, 2021 2:42pm
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Post# 33241550
Magnesium news
Magnesium news - Magnesium will be needed for climate action, and is now on the list for critical metals in Canada. What you need to find is the best place to mine it. I know of some great projects to extract , Mag One, now Cover. Alliance Magnesium, Western Magnesium. The best place to mine would be highest concentration. We already know Dead Sea in Israel dominates, But really Albania Minerals holds one of the largest resources, and Mazarin and Asbestos Corp apparently have over 400 billion in the tailings sitting already to put in the hopper. The only other one was West high yield, I'm not a fan of their CEO and his stock manipulation. I have been trying to load more MAZ.h and Western Magnesium is another potential player. It's safe to say if your the company sitting on the higher concentrations and mining life the processing companies will eventually be looking for you. I also found this Company link below but they are private, also pulling from Mazarin and Asbestos corps tailings. I found old documents from concentrations around 32% in Quebec by an old company Nichromet, they got taken over by Dundee Corp. You need some big funds to get things rolling let's hope Canada becomes an active player
- https://www.eco2-magnesia.com/index.html
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