TSXV:WMG.H - Post by User
Comment by
KonnectTheDotson Feb 07, 2023 12:06pm
120 Views
Post# 35271992
RE:where is the magnesium coming from
RE:where is the magnesium coming fromRe: what mine are they getting from , why will it take 5 years ++++ to do this
They don't need a mine (so not sure why they hired a mining expert)
As they have said several times they will buy ore from local sources.
They do need a plant, factory, smelter...to make magnesium metal though.
The leased warehouse in Burnaby can't make that kind of quantity (or is it licensed to do so)
Factories of that capacity take years to do enviro studies, permit, plan, build, test, calibrate etc...
It has been asked many times what is happening with the announced proposed plant in Harrison county Ohio?
Always the same response, crickets.
Big NR on how the have secured purchase agreements for 25,000 MT of MG but silent on how, from where, when?