WESTERN MAGNESIUM PROVIDES OPERATIONAL UPDATE
NEW YORK, NY – TheNewswire – August 23, 2021 – Western Magnesium Corporation (TSXV: WMG; Frankfurt-3WM; OTCQB: MLYF) (“Western Magnesium” or the “Company”) is pleased to announce that testing on the new continuous pilot reactor has started ahead of schedule. This is a methodical process that ensures a safe and successful operation of the reactor and its auxiliary equipment. Heating and vacuum tests are underway and full operations will commence after all safety testing is complete. Materials of construction is a key part of this testing and will provide invaluable data to the future full scale commercial Western Magnesium plant.
Edward Lee, Executive Chairman states, “My expectations of being ahead of schedule have been met and I am pleased with the results to date. I have asked Management to take extra time to re-test each assembled piece of equipment and their respective automated features to ensure the utmost performance as material runs for producing magnesium metal will commence once all the dry operational runs have been fully tested and completed.”
Sam Ataya, Executive President & CEO states, “Being ahead of schedule will help us produce the data and analytics regarding magnesium production which is important for our planned Ohio site and breaking ground in eighteen months. These analytics are also critical as we continue discussions with different end users in the automotive, aerospace, eco-friendly companies and the U.S. Department of Defense.”
Western Magnesium will continue testing operations over the next 30 days and we will have another update at that time.
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 Unlike outdated and costly production processes, Western Magnesium looks to use a continuous silicothermic process to produce magnesium, which significantly reduces labor and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.
Company Contact: John Ulmer | email@example.com | 604-423-2709
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