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Bullboard - Stock Discussion Forum 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... see more

TSXV:WMG.H - Post Discussion

Western Magnesium Corp > China's Magnesium Shortage
View:
Post by Frankyboy on Oct 19, 2021 11:10pm

China's Magnesium Shortage

While a shortage of semiconductors has plagued the global auto automotive industry this year, the market is now turning its focus to magnesium, a hardening agent of aluminum. Such a shortage could paralyze the aluminum billet production used to make engine blocks, gearboxes, frames, body panels, and rims, among other critical items for automobiles in Europe and the Americas. 

https://www.zerohedge.com/commodities/chinas-magnesium-shortage-could-spell-trouble-global-car-industry
Comment by stockprobe19 on Oct 20, 2021 9:10am
Get a large corporation to throw a billion dollars at WMG and the magnesium shortage is solved!
Western Magnesium Corp
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