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Western Magnesium Corp V.WMG


Primary Symbol: 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 > Magnesium. XMg is cheapest
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Post by pigsandsheepon Oct 27, 2021 11:27pm
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Post# 34057309

Magnesium. XMg is cheapest

Magnesium. XMg is cheapest

As with many other critical metals, there is no formal magnesium market. For that reason, it is difficult to gain exposure to the metal. However, one way to do so is to invest in magnesium resource companies.

A few options are below; all companies are listed on Canadian, US and Australian exchanges, and had market caps above $5 million as of October 19, 2021:

  • Latrobe Magnesium (ASX:LMG)
  • Karnalyte Resources (TSX:KRN)
  • Korab Resources (ASX:KOR)
  • Magontec (ASX:MGL)
  • MGX Minerals (CSE:XMG,OTC Pink:MGXMF)
  • Western Magnesium (TSXV:WMG,OTCQB:MLYF)
  • West High Yield Resources (TSXV:WHY)

This is an updated version of an article originally published by the Investing News Network in 2011

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