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 > WM next best thing since Coca Cola

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Comment by RawSiennaon Jun 06, 2022 9:02am

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Post# 34733559

RE:RE:RE:RE:RE:RE:RE:RE:WM next best thing since Coca Cola

Yup, nothing said by anybody on these boards should change anything but I have to
wonder if the technology is so great and revolutionary how come no major parties have stepped up?
I look at Alliance Magnesium who is already producing in Canada and see this..

"Funds are being contributed by the government of Quebec ($13.4 million), the Japanese company Marubeni ($16.7 million), Fondaction ($10 million) and the company's shareholders. In addition, a loan of $50 million was obtained from an American lender and the Quebec government is also lending $12.5 million."

https://canada.constructconnect.com/dcn/news/projects/2020/03/alliance-magnesium-secures-funding-for-145-million-quebec-manufacturing-plant#:~:text=Funds%20are%20being%20contributed%20by,is%20also%20lending%20%2412.5%20million.

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