(via TheNewswire)
Since the success of the initial optimization runs that produced 99.84% magnesium metal, we identified and completed a number of technical upgrades to our Commercial Pilot Plant setting the stage for the continuous production phase. These custom and proprietary improvements will increase reliability as we progress forward.
During this period, and due to the sensitive nature of this work, the Technical Team, led by our CTO, Mr.
The equipment and process software, which is proprietary to
Chief Technology Officer,
Executive Chairman,
The value of our technical and software upgrades gives
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 Unlike outdated and costly production processes,
Investor Relations: John Ulmer | julmer@westmagcorp.com| (604) 423-2709
Forward-Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Actual results may differ materially from those currently anticipated due to a number of factors, including the Company's dolomite reserves may not be mined because of technical, regulatory, financing or other obstacles, the market price for magnesium may make our resources uneconomic and we may not be able hire and retain skilled employees. The Company undertakes no obligation to update forward-looking information except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. These forward- looking statements are made as of the date of this news release.
Neither
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release. Such securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and, accordingly, may not be offered or sold within
For additional information please visit our website atwww.westmagcorp.com View our profile on SEDAR
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