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Bullboard - Stock Discussion Forum Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

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... see more

TSXV:WMG.H - Post Discussion

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Post by kobi73 on Jun 07, 2021 8:01am

mlyf

Wouldn't it be smarter to build the plant closer to where the magnesium is mined then truck it all the way to ohio. Last i checked there where no magnesium mines in ohio.Maybe like nevada.
Comment by Griasdeng on Jun 07, 2021 8:12am
Think they still own the Tami-Mosi property located in North Central Nevada
Comment by cabz on Jun 07, 2021 1:52pm
Kobi73, Western Magnesiums process uses dolomite which is one of the most abundant things on the planet. You can find it anywhere. therefore you don't have to mine it but their Nevada property is an asset with 111 billion pounds of inferred  magnesium. This is what makes the technology so special and scalable, green and able to be located anywhere. cabz
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