18:51:45 EST Mon 30 Jan 2023
Enter Symbol
or Name
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Western Magnesium Corp
Symbol WMG
Shares Issued 442,477,132
Close 2022-07-11 C$ 0.22
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Western Magnesium produces Mg of up to 99.83% purity

2022-07-12 10:23 ET - News Release

Mr. Edward Lee reports

99.83% MAGNESIUM METAL PURITY PRODUCED DURING CALIBRATION RUN OF PILOT PLANT

Western Magnesium Corp. has received 99.83 per cent metal purity results from the first calibration process run of unrefined magnesium metal produced directly from the commercialized pilot plant.

The metal purity samples were prepared by the company's process engineer, Dr. Tyler Davis. The magnesium metal analysis was conducted by laser ablation inductively coupled plasma (ICP) mass spectrometry at Filter, located at the University of British Columbia Okanagan, in Kelowna, B.C., Canada.

The metal purity analysis resulted in a magnesium concentration of 99.83 per cent, exceeding Western Magnesium's expectation of 99.8 per cent purity.

Edward Lee, executive chairman, said, "This is a phenomenal outcome, as the samples are unrefined and straight from the reactor, representing the opportunity for the company to produce many different product lines from our magnesium metal, including alloys, whether it be in an ingot or molten form without refining."

Paul Sauve, chief technology officer, said, "Achieving metal purity greater than 99.8 per cent this early in the optimization phase is an unprecedented achievement and provides further confidence that we have not only met, but also exceeded our goals."

This achievement further positions Western Magnesium as the front-runner in the American manufacturing revolution of producing clean magnesium and bringing the production of this critical mineral back to the United States.

About Western Magnesium Corp.

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 Unlike outdated and costly production processes, Western Magnesium looks to use a continuous silicothermic process to produce magnesium, which significantly reduces labour and energy costs relative to current methods and processes, while also being environmentally friendly.

We seek Safe Harbor.

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