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.

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Western Magnesium Corp > Halt

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Comment by KonnectTheDotson Jun 07, 2023 12:12pm

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Post# 35484549

RE:Halt

'Has anyone communicated with the company? Does anyone have any good info as to when trading will resume? Does anyone have anything positive to offer?

I will call the company later today and respond here if I contact anyone>'

Split, you want something positive, didn't you read this?

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WASHINGTON, D.C. – TheNewswire – June 7, 2022

Western Magnesium Corporation (TSXV:WMG.V); (OTC:MLYF); (Frankfurt-3WM) (“Western Magnesium” or the “Company”) is celebrating unprecedented success in the production of magnesium metal at its commercial pilot plant. Management is excited that its proprietary continuous reactor is operating as designed, maintaining target temperature and pressure while allowing for continuous feed, discharge, and magnesium production. Achieving silicothermic reduction in a continuous reactor is a milestone that has never been accomplished globally to date, and the Company looks forward to the next steps of demonstration that will take place.

Once refined, this scalable technology will be installed in a new facility in Harrison County, Ohio. The Company intends to begin construction of this full-scale facility next year and will produce more than 100,000 metric tons annually. The mega plant will have the capacity to produce 10 percent of the world’s current supply and will employ 250 full-time and five hundred support personnel in Harrison County. The Company will be reviewing all steps of the process to ensure efficient and successful project execution and completion.

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Did they give you a full update when you called them?