Western Magnesium Corporation
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- Western Magnesium Corporation is a metals and mining company specializing in the production and processing of eco-friendly primary magnesium metal and alloys. The company employs a proprietary continuous silicothermic process to manufacture 99.9% pure magnesium metal with low labor and energy costs, producing zero toxic by-products. Its core products include high-quality magnesium metal and various magnesium alloys used in automotive, aerospace, defense, eco-friendly technology, and other industrial applications. Western Magnesium operates primarily in the United States, with plans for geographic expansion focused on the Western U.S. and Ohio regions. The company was founded in 1994 and is headquartered in the Washington, D.C. metropolitan area. Recently, Western Magnesium has advanced its commercial capabilities by developing a pilot plant that successfully transitioned into continuous metal production, affirming its production technology's scalability and reliability. In 2023, Western Magnesium announced plans to build a new 25,000 metric ton annual capacity commercial production facility along with a research and development center in Nevada, targeting growth in the automotive, aerospace, and clean technology sectors. The company also closed the first tranche of a non-brokered private placement to support these expansion plans. Operationally, Western Magnesium has shifted focus to becoming a low-cost, green magnesium producer supplying the growing U.S. market amid increasing demand for lightweight, sustainable metals. Western Magnesium serves markets that require sustainable magnesium metal including manufacturing, construction, aerospace, and defense contractors, positioning itself to capitalize on the rising global magnesium demand driven by lightweight material needs for electric vehicles and renewable energy sectors. The company redomiciled from Canada to the United States in 2019 to better align with its strategic objectives and U.S. market focus, while continuing to target global customers with its eco-friendly magnesium solutions. Its innovations in magnesium production technology underline its commitment to environmental sustainability and industrial base rebuilding in North America.
Western Magnesium unveils West Coast expansion plans
Western Magnesium says testing period at commercial pilot plant gives it “greater confidence”
Western Magnesium sees its commercial pilot plant move into continuous metal production phase
Western Magnesium completes definitive agreement with CCMA
Western Magnesium inks MOU with CCMA to sell magnesium products in US
Western Magnesium closes first tranche of non-brokered private placement for gross proceeds of US$188,530.47
Western Magnesium Corp arranges $3.75M private placement to complete pilot plant and for working capital
Western Magnesium achieves 99.62% magnesium metal purity during second pilot plant calibration run
Western Magnesium achieves 99.83% magnesium metal purity during pilot plant calibration run
Western Magnesium hails output from commercial pilot plant as 'overwhelming success'
Western Magnesium hails output from Ohio commercial pilot plant as 'overwhelming success'
Western Magnesium takes aim at China's magnesium production share with 'cutting edge' pilot plant technology
Western Magnesium closes final tranche of non-brokered private placement for combined gross proceeds totaling US$616,750
Western Magnesium poised to bring magnesium production back to the US amid global demand surge
Western Magnesium closes first tranche of previously announced non-brokered private placement for gross proceeds of U$431,750.00
Western Magnesium applauds US national effort to secure critical minerals
Western Magnesium says it is "just weeks" away from magnesium production as its pilot plant receives inspection approval
Western Magnesium kicks off final engineering field inspections at its commercial pilot plant
Western Magnesium to raise up to US$3M for its green magnesium strategy
Western Magnesium hires independent valuation firm to assess company, its intellectual property (IP), systems and market potential