As with many other critical metals, there is no formal magnesium market. For that reason, it is difficult to gain exposure to the metal. However, one way to do so is to invest in magnesium resource companies.

A few options are below; all companies are listed on Canadian, US and Australian exchanges, and had market caps above $5 million as of October 19, 2021:

  • Latrobe Magnesium (ASX:LMG)
  • Karnalyte Resources (TSX:KRN)
  • Korab Resources (ASX:KOR)
  • Magontec (ASX:MGL)
  • MGX Minerals (CSE:XMG,OTC Pink:MGXMF)
  • Western Magnesium (TSXV:WMG,OTCQB:MLYF)
  • West High Yield Resources (TSXV:WHY)