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Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

Metals & Mining Industrial Metals & Minerals
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

Western Magnesium Corp > New reactor...huh...what?
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Comment by dmacdon Oct 26, 2021 1:43pm
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Post# 34051167

RE:New reactor...huh...what?

RE:New reactor...huh...what?Any idea why the commercial plant would be built in Nevada given Tami Mosi is located in Nevada and shipping the 12% grade ore seems inefficient or costly. Is there a PEA and PEA update that I missed? No mention of the economics in the presentation nor Tami Mosi. News releases contradict themselves. I would appreciate a link to help with my DD since their website is not helpful. Their fact sheet is pretty weak as well. Market cap is high but underpinned by what .. show me the NPV and IRR for the new plan. What is the notional timing for development?
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