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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

Post by CBalardoon May 20, 2021 2:42pm
294 Views
Post# 33241550

Magnesium news

Magnesium news
  1. 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
  2. https://www.eco2-magnesia.com/index.html
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