- Western Magnesium (WMG) has received metal purity results from the second calibration process run of unrefined magnesium metal from the pilot plant
- The metal purity analysis resulted in a magnesium concentration of 99.62 per cent
- The third-party metal purity analysis was conducted using Laser Ablation ICP Mass Spectrometry at Fipke Laboratory for Trace Element Research, located at the University of British Columbia
- Shares of Western Magnesium Corporation (WMG) were down 6.52 per cent to $0.21 as of 10:30 am ET
Western Magnesium (WMG) has received metal purity results from the second calibration process run of unrefined magnesium metal direct from the pilot plant.
The metal purity analysis resulted in a magnesium concentration of 99.62 per cent.
The third-party metal purity analysis was conducted using Laser Ablation ICP Mass Spectrometry at Fipke Laboratory for Trace Element Research (FiLTER), located at the University of British Columbia Okanagan in Kelowna, BC, Canada.
Western Magnesium’s Executive Chairman, Edward Lee stated that these purity results continue to exceed the company’s expectations and validate more than 11 years of research and development.
“When our proprietary process is fully upscaled it will eventually supply and give American industry the comfort knowing there is a domestic producer of magnesium metal that they can finally rely on for years to come.”
Chief Technology Officer, Paul Sauvé added that achieving unrefined magnesium purity of this concentration directly from the proprietary continuous reactor on the second run will allow WMG to continue toward full plant optimization.
Western Magnesium is focused on becoming a low-cost producer and high-quality magnesium metal, a strategic commodity prized for its strength and lightweight qualities. The company operates in the exploration and development of mineral property interests.
FiLTER is a fee for service facility specializing in trace element analysis and electron microscope imaging.
Shares of Western Magnesium Corporation (WMG) were down 6.52 per cent to $0.21 as of 10:30 am ET.