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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 > While we patiently wait.......
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Comment by RawSiennaon Apr 02, 2023 8:08pm
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Post# 35375181

RE:RE:While we patiently wait.......

RE:RE:While we patiently wait.......Moving from Ohio to Nevada is interesting considering a big draw for Ohio was building there contigent on a power plant being built next door and a cheap power suppy. I'm not sure how many hydro plants there are in Nevada but I assume not many.
Anyway the cost of industrial electricity in Nevada is 10.90 kWh compared to 6.20 or 7.57 kWh in Ohio depending on where you are.

https://www.eia.gov/electricity/monthly/epm_table_grapher.php?t=epmt_5_6_a

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