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TSX-V:WMG OTCQB:MLYF

Western Magnesium Corp.

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Market:
TSX-V
Market Cap:
$42.5 m
Price
0.13 CAD
Change
-3.85%
52 weeks high
0.18
52 weeks low
0.10

In brief

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 Unlike outdated and costly production processes, Western Magnesium looks to use a continuous silicothermic process to produce magnesium, which significantly reduces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

Snapshot

The firm has a proprietary technology which can produce magnesium with low labor, high automation, low energy and, significantly, with zero toxic byproducts and waste