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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 > Yes, this one, update please.
View:
Post by KonnectTheDots on Feb 07, 2023 12:14pm

Yes, this one, update please.

BY: NORTHERN MINER STAFF AUGUST 23, 2021

Western Magnesium rose 16¢ to 77¢. The junior announced it had chosen Harrison County in Ohio as the site for the first full-scale deployment of its proprietary magnesium extraction technology in the United States. The company noted that the 122-acre (49 hectare) is adjacent to the future home a mixed fuels power plant; is close to supply of dolomite; and near rail and highways. Western Magnesium said it plans to build a 100,000 tonne plant, which it says is the equivalent of about 10% of the world’s current supply. The plant will produce 99.8% pure magnesium metal and the company said it plans to break ground on the plant in the next 18 months.

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Two weeks to go?
Comment by KonnectTheDots on Feb 07, 2023 12:36pm
The reason that there is healthy skepticism is because of all the failed accoplishments in the past. Western Magnesium Corporation (TSXV: WMG; Frankfurt-M1V; OTCQB: MLYF): Bringing Magnesium Production Back into the USA; Interview with Sam Ataya, Executive President, CEO and Paul Sauve, VP of Operations By Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia ...more  
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