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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

Comment by KonnectTheDotson Feb 06, 2023 10:46am
113 Views
Post# 35269128

RE:So they found a salesman to sell product

RE:So they found a salesman to sell product Egg Sacktly.

And while they are at it how about an update on this?

CCMA will work with our technical team to develop and identify demand for magnesium new alloys for the various industries such as the automotive, aerospace, eco-friendly tech companies and the Department of Defense. Through this definitive agreement, CCMA is securing 25,000 metric tonnes for purchase from future production from our main plant.

Main plant?

Nice to see that they are lining up product sales but what have they got now and when will they be able to fill said 'future production'?

Weird how this company does things.
Line up purchase agreements years (decades?) before they have anything to sell or even a facility to produce it which is years (decades?) away at best.

On the bright side we now know that this thing still has some life after half a year of zero news.
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