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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 cabzon Apr 27, 2022 9:58am
189 Views
Post# 34635259

Final Engineering Approval

Final Engineering Approval

WASHINGTON, D.C. - TheNewswire - April 27, 2022 - Western Magnesium Corporation (TSXV:WMG.V ) ( OTC:MLYF ) ( Frankfurt:3WM) ("Western Magnesium" or the "Company") is excited to announce that it has received the approval of final engineering field inspections that were conducted last week at the commercial pilot plant. All inspections of the equipment were successful, and the Company has received the final acceptance paperwork.

This comes as Western Magnesium's commercial pilot plant is now just weeks away from commencing "green" magnesium production operations, which serves as a prime example of how far technology has evolved in the decades since America outsourced the environmentally unfriendly process of producing critical minerals.

Executive Chairman, Ed Lee, stated, "We are on the cusp of reintroducing magnesium production into America in a way that hasn't been seen before and building an economy that everyone can truly rally around. The approval of these inspections is instrumental in our ability to showcase our innovative "green" solution in the domestic production of magnesium metal and alloys."

Chief Technology Officer, Paul Sauve, stated, "Approval of these inspections further demonstrates the competence of our engineering and construction teams. This work has taken a considerable effort and we are highly encouraged by what has been accomplished to date."

The Company is excited to complete the final steps before production in late May, which will conclude with an official walk-through with city officials.

About Western Magnesium

Western Magnesium's goal is to be a low-cost producer of green, primary magnesium metal, a strategic commodity prized for its strength and light weight. Unlike outdated, costly, and highly polluting production processes, Western Magnesium intends to use a continuous silicothermic process to produce magnesium, which significantly reduces labor and energy costs relative to current methods and processes, while being environmentally friendly.

Media Relations & Corporate Communications : Ashleigh Barry | abarry@westmagcorp.com | (202) 258-4453

Investor Relations : John Ulmer | julmer@westmagcorp.com | (604) 423-2709

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