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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

Western Magnesium Corp > Final Engineering Approval
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Post by cabz on Apr 27, 2022 9:58am

Final Engineering Approval

WASHINGTON, D.C. - TheNewswire - April 27, 2022 - Western Magnesium Corporation (TSXV:WMG.V ) ( OTC:MLYF ) ( Frankfurt:3WM) ("Western Magnesium" or the "Company") is excited to announce that it has received the approval of final engineering field inspections that were conducted last week at the commercial pilot plant. All inspections of the equipment were successful, and the Company has received the final acceptance paperwork.

This comes as Western Magnesium's commercial pilot plant is now just weeks away from commencing "green" magnesium production operations, which serves as a prime example of how far technology has evolved in the decades since America outsourced the environmentally unfriendly process of producing critical minerals.

Executive Chairman, Ed Lee, stated, "We are on the cusp of reintroducing magnesium production into America in a way that hasn't been seen before and building an economy that everyone can truly rally around. The approval of these inspections is instrumental in our ability to showcase our innovative "green" solution in the domestic production of magnesium metal and alloys."

Chief Technology Officer, Paul Sauve, stated, "Approval of these inspections further demonstrates the competence of our engineering and construction teams. This work has taken a considerable effort and we are highly encouraged by what has been accomplished to date."

The Company is excited to complete the final steps before production in late May, which will conclude with an official walk-through with city officials.

About Western Magnesium

Western Magnesium's goal is to be a low-cost producer of green, primary magnesium metal, a strategic commodity prized for its strength and light weight. Unlike outdated, costly, and highly polluting production processes, Western Magnesium intends to use a continuous silicothermic process to produce magnesium, which significantly reduces labor and energy costs relative to current methods and processes, while being environmentally friendly.

Media Relations & Corporate Communications : Ashleigh Barry | abarry@westmagcorp.com | (202) 258-4453

Investor Relations : John Ulmer | julmer@westmagcorp.com | (604) 423-2709

Comment by Sherry35 on Apr 27, 2022 10:54am
EX99 - Not even bump in volume. I guess you're right about the two stock promoters moving on.
Comment by Executer99 on Apr 27, 2022 4:16pm
Yep. Why fire your investor relations guy a month before completion  4 lawsuits.  can't go into production. Jim owns the technology. See lawsuit. 
Comment by Sherry35 on Apr 27, 2022 4:26pm
EX99 - Please send me a hard link to the Sever lawsuit with the case id just in case. I want to see who's names are on the patents for Sever's portion of the technology. Memory serves me correctly some of the pieces are from an USA educational instiution.
Comment by KonnectTheDots on Apr 27, 2022 8:16pm
University of Colorado. They also had a deal with Big Blue Technologies. Pretty sure none of it is patented. Vancouver, British Columbia / TheNewswire / September 6, 2016 – Nevada Clean Magnesium, Inc. (TSXV: NVM; Frankfurt-M1V; OTC Pink Sheets: MLYFF) (The “Company”) today announced the test program was completed  last week at the University of Colorado to assess the ...more  
Comment by stockprobe19 on Apr 28, 2022 2:00am
Patents would be regristered if there was any. NCM and WMG are both corporations and James Sever was an employee of the company as is Ed Lee. Neither have a claim on the new technology, it belongs to the corporation. Moneys are raised in the corporation to pay for all of the labour, materials and any other expenses. A employee has no claim on any products or inovations. They do have claims to ...more  
Comment by Sherry35 on Apr 28, 2022 1:01pm
Thank you all for the history refresh.
Comment by RawSienna on Apr 28, 2022 3:08pm
"On January 13, 2015 the Company announced it signed a Licence and Royalty Agreement with its director, James Sever, P. Eng., to use Mr. Sever's unique knowledge and concepts on the Company's Tami Mosi and other properties for the commercial production of magnesium. In consideration for the licence, the Company will pay to Mr. Sever a royalty in the amount of USD$0.003 per pound (USD ...more  
Comment by stockprobe19 on Apr 28, 2022 3:18pm
Interesting, so under those terms nothing is due to date because nothing has been produced. That also isn't a patent or claiming to own the proess. 
Comment by KonnectTheDots on Apr 28, 2022 3:19pm
Sherry, If you were in on the last town hall you would have got the best indication from the principals as to if patents are issued for any of the tech. Sam said a few times on that call that  'Ed is paranoid about secrecy'. Also about other things as he drove to Edmonton to get some key components rather than having them shipped as there is a two year lead time for those parts ...more  
Comment by Sherry35 on Apr 29, 2022 1:19pm
KTDots - Your points on China's disrespect for IP is valid and their ability to under cut other producers is noted. I waiting for the outcome of the pilot plant's ability to produce economical Mg and reverse split to renew my position in the company. Thank you for taking the time to compose your thoughts on the situation.
Comment by Reality1776 on Jun 13, 2022 1:38am
This post has been removed in accordance with Community Policy
Comment by Correct1 on Jun 13, 2022 2:01am
keep crying ya big baby ....
Comment by Reality1776 on Jun 13, 2022 2:06am
This post has been removed in accordance with Community Policy
Comment by Correct1 on Jun 13, 2022 2:27am
I don't know what fairytale world you live in but you need some help to say the least.
Comment by Reality1776 on Jun 13, 2022 2:48am
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Comment by Reality1776 on Jun 13, 2022 2:44am
This post has been removed in accordance with Community Policy
Comment by Reality1776 on Jun 13, 2022 2:45am
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Comment by stockprobe19 on Apr 27, 2022 11:33am
Moving right along. Green Metal production a month away! 
Comment by Reality1776 on Jun 13, 2022 2:47am
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