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

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Post by KonnectTheDotson Feb 05, 2024 1:22pm

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Post# 35863432

Any update on this?

WASHINGTON, D.C. – TheNewswire – May 10, 2022 – New research into several critical industries says the global market for magnesium metal will grow by nearly 50 percent by 2028, a surge that will give Western Magnesium Corporation (TSXV:WMG.V)(OTC:MLYF) Frankfurt-3WM) (“Western Magnesium” or the “Company”) a significant advantage as it begins the process of building up production capacity in North America.

The Company is expected to start production of magnesium metal by the end of this month. The location of the first full-scale commercial plant will be in Harrison County, Ohio, and leadership is currently working to select future plant locations in the United States.

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